Monday, 16 May 2022

The World Federation of Exchanges identifies policy levers to encourage SME listings 

5 min read

 The World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, published a report on how the flexibilities for listed issuers, introduced as a result of the pandemic, could be used to stimulate SME listing in the future. 

Drawing upon the initial findings of a WFE member survey on covid-related issuer flexibilities, today’s paper studies how exchanges worked closely with wider stakeholders -  including regulators, governmental departments, and institutional investors - to help companies deal with the challenges of the pandemic. The paper acts as a stock take of the measures that were introduced but also considers whether some of these relaxations are fit for purpose as we ‘build back better’ following the pandemic. In particular, the paper notes: 

Nandini Sukumar, Chief Executive Officer, the WFE said: “As we continue to recover from the pandemic, it is critical that we understand and learn from the role that the exchange community has played in guiding issuers through the challenges they experienced. While markets varied in their individual responses, this paper is a welcome contribution in highlighting measures that were successfully implemented and more importantly, those that can be used to encourage SME listing”. 

Please click here to read in full.

Re-disseminated by The Asian Banker

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