ERM Glossary: Listing Rules

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Listing rules or requirements are the set of conditions imposed by a given stock exchange (or stock exchange regulator) on companies that want to be listed on that exchange. These conditions may include minimum number of shares outstanding, minimum market capitalisation, minimum annual income, minimum auditing requirements and minimum standards of governance. Attached to the London Stock Exchange’s listing rules are a set of guidelines on corporate governance referred to as the Combined Code, see here.


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