Finance & economics | SPACs and the City

Britain’s regulator makes a play for SPAC listings

A rule change to attract the investment vehicles to London may be too little, too late

LONDON SO FAR has missed out on the dizzying investment boom in special-purpose acquisition companies (SPACs) centred on America. Those that have come to Europe have conspicuously swerved the City, choosing Amsterdam, Frankfurt, Paris or Stockholm instead. On August 10th, in an attempt to change that, Britain’s Financial Conduct Authority (FCA) loosened its listing rules.

This article appeared in the Finance & economics section of the print edition under the headline “SPACs and the City”

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