The London Stock Exchange has published revised Admission and Disclosure Standards, which came into effect on 8 May 2017. The revisions include minor amendments to the definitions of MTF and securities (removing references to specific provisions of MiFID), and to the definition of Professional Securities Market. International Securities Market (ISM) is now defined, with an amendment to Section 1.3 providing that most of the Standards do not apply to Securities admitted to trading on ISM.

The full text of the revised Standards is available at:

http://www.londonstockexchange.com/traders-and-brokers/rules-regulations/change-and-updates/stock-exchange-notices/2017/n0417_attach3.pdf

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.