Our Primary Markets Expert Group contributed to our response to NEX Exchange's market consultation on its proposed amendments to its fast track rules.
We fully supported the proposed changes.
We did however encourage NEX Exchange to amend the NEX Exchange Growth Market – Rules for Issuers and grant NEX Exchange issuers the flexibility to either have “due regard” or “adopt” any recognised corporate governance code, such as the QCA Corporate Governance Code, in addition to the UK Corporate Governance Code. This will enable NEX Exchange issuers at different stages of development to adopt good corporate governance practice appropriate for their size.
