United Kingdom seeks power to block list of companies for reasons of national security

The British Finance Minister said earlier this year that the country would modernize its listing rules to attract more companies and space.

Britain’s Minister of Economy, Sage Craze, announced today that the government will establish strict rules for companies listed on the London Stock Exchange that will allow them to block the list of companies for reasons of national security.

Likewise, and following the craze statements, the Treasury Department announced that a public consultation would be launched in the coming months as part of the plan. “The UK’s reputation for clean and transparent markets makes it an attractive financial center globally. We plan to strengthen it by taking a specific new force to block risk-generating aspects of national security, And will start a consultation to inform about it. Design in the coming months, “a Treasury spokesman said in an email statement.

The craze claimed earlier this year that the country would modernize its listing rules to attract more companies and space. In early March, the British financial regulator said that after Brexit the country would use its independence from the European Union to flexibly regulate markets and make the city of London even more attractive to international investors.