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Aug 31, 2002

All the mod pros & cons

Europe may get in the way of modernizing UK listing rules

The cheek of it! There was a lot of indignation in the City of London in early August as the financial establishment huffed and puffed for the umpteenth time about the possibility that European Union regulations might weaken the UK's approach to corporate governance. The debate was kicked off by the UK's Financial Services Authority as it began the process of modernizing - and hopefully simplifying - the London Stock Exchange's listing rules. The FSA pointed out that the EU's latest draft

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