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Norway oil fund warns on proposed UK stock-market rule changes

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Norway oil fund warns on proposed UK stock-market rule changes

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LONDON (Reuters) – Norway’s $1 trillion sovereign wealth fund said proposed changes to the listing requirements for the UK stock market risked being seen as a “backward step in terms of investor protection” in a letter to the British regulator. “We believe the FCA should consider a more balanced approach that takes into consideration the interests of all stakeholders in the listing environment,” the fund wrote in a letter to the Financial Conduct Authority dated Oct. 13.

(Reporting by Simon Jessop; Editing by Rachel Armstrong)
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