FCA to Soften Listing Regime, Eyeing Saudi Aramco IPO

The transcript discusses the potential impact of Saudi Aramco's IPO, highlighting the possibility of it listing in London. It addresses the corporate governance concerns raised by the Institute of Directors and the Financial Conduct Authority's stance. The discussion also covers the market's reaction and the implications for Saudi Aramco's decision-making process, noting that no final decision has been made regarding the listing.

What is the potential benefit of Saudi Aramco's IPO for London?

• It might attract more tech companies.

• It could increase tourism.

• It could enhance London's financial market.

• It might lead to lower taxes.

What is the main concern of the Institute of Directors regarding the listing rules?

• They think the rules should be the same for all companies.

• They want more rules for tech companies.

• They believe the rules are too lenient.

• They are concerned about environmental regulations.

How does the Institute of Directors feel about the FCA's justification for different listing rules?

• They are satisfied with the explanation.

• They are indifferent to the explanation.

• They are deeply disappointed with the explanation.

• They are excited about the explanation.

What is Saudi Aramco's current stance on the IPO listing?

• They are still considering their options.

• They have finalized their decision to list in London.

• They have decided not to list at all.

• They have decided to list in New York.

What has happened to the timeline for Saudi Aramco's IPO?

• It has been delayed to 2019.

• It has been canceled.

• It has been moved to 2020.

• It has been moved forward to 2018.