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FCA held Saudi Aramco meetings before proposing listings change

The UK’s financial watchdog has for the first time admitted that it met with executives working for Saudi Aramco before it proposed changing its listing rules, which some critics have claimed is an attempt to entice the giant oil company to float its ... read more

FCA admits to meeting Aramco before proposing new listing rules

It is the first public admission from the Financial Conduct ... Saudi Aramco’s planned IPO. Mr Bailey had previously denied to the FT that he had come under pressure to change the rules. He wrote in the letter published on Friday that there had been no ... read more

UK’s FCA Met With Aramco Prior To Proposing Listing Rule Change

The UK’s Financial Conduct ... Saudi Aramco several months prior to its proposal to change the listing rules for the London Stock Exchange to accommodate the oil giant. In a letter to legislators, Andrew Bailey said that representatives of the regulator ... read more

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Critics Take Aim at U.K. Rules for Saudi Aramco IPO

The FCA proposal ... meetings with potential listing candidates which, given the commercial sensitivities, we do not disclose." He added that "however, given the public discussion of these events, we can confirm that we held conversations with Saudi Aramco ... read more

Governance & Securities Law Focus: Europe Edition - July 2015

If you prefer not to enable cookies, you may change your browser settings to disable cookies; however, please note that rejecting cookies while visiting the Website may result in certain parts of the Website not operating correctly or as efficiently as if ... read more

Israel PM blasts police chief over investigation leaks

JERUSALEM (AP) — Prime Minister Benjamin Netanyahu has lashed out at Israel's police chief over leaks to the media concerning investigations into alleged corruption by the premier. Netanyahu wrote on Facebook Saturday that "illegal leaks have become a ... read more

REUTERS SUMMIT-UK financial watchdog defends listing plans ahead of Aramco IPO

"There are strongly held views on both sides of this." The FCA´s proposals ... he was not aware when Saudi Aramco would make a decision on where it would list and the regulator was "not working to any timetable". "This is a proposal for all time not ... read more

Uber appeals London ban with hearing likely in December

"The courts now will consider the appeal from Uber and of course TFL will defend the decision they made," Khan said during a monthly question time session before the official ... saying that it was a "constructive meeting" and that there would be further ... read more

Round pound removal hampered by new coins return

"But there is still more to do before the October ... international expansion. FCA chief admits to meeting Saudi Aramco ahead of £1.5 trillion float The head of Britain’s financial watchdog has admitted that he held talks with oil giant Saudi Aramco ... read more

For Ordinary Saudis, Days Of Oil and Roses Are Over

But faced with a recession, soaring unemployment and declining incomes, Saudi ... propose how they might again play a role in the kingdom's energy industry. In the short term, diplomats say, any role offered to them is likely to be limited, but even that ... read more


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