Consultation on a power to block listings on national security grounds

Consultation on a power to block listings on national security grounds

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Closed consultation CONSULTATION ON A POWER TO BLOCK LISTINGS ON NATIONAL SECURITY GROUNDS Get emails about this page This was published under the 2019 to 2022 Johnson Conservative


government WE ARE ANALYSING YOUR FEEDBACK Visit this page again soon to download the outcome to this public feedback. FEEDBACK RECEIVED SUMMARY OF RESPONSES - CONSULTATION ON A POWER TO


BLOCK LISTINGS ON NATIONAL SECURITY GROUNDS PDF, 172 KB, 14 pages This file may not be suitable for users of assistive technology. Request an accessible format. If you use assistive


technology (such as a screen reader) and need a version of this document in a more accessible format, please email [email protected]. Please tell us what format you


need. It will help us if you say what assistive technology you use. DETAIL OF FEEDBACK RECEIVED This document summarises responses received by HM Treasury to a recent consultation on a new


Power to Block Listings on National Security Grounds. The consultation sought views on the scope of a proposed new targeted power to allow the Government to block a company’s listing in the


UK, if the listing presents a risk to national security. SUMMARY This initial consultation asks for views on the scope of a proposed new targeted power to allow the Government to block a


company’s listings, if a listing presents a risk to national security. This consultation ran from 7 JUNE 2021 TO 11:45PM ON 27 AUGUST 2021 CONSULTATION DESCRIPTION As the Economic Secretary


announced in Nov 2020, the Government believes that there are remote but possible scenarios in which a company listing in the UK could present a risk to the nation’s security. We intend to


take a power to address this. In designing this power, the Government will take full account of the fact that companies from all over the world come to the UK, as a world-leading financial


centre, to raise capital. They are attracted by the depth, breadth and openness of our markets as well the UK’s reputation for clean and transparent markets. This power will reinforce that


reputation and help us maintain the UK’s status as a world-class destination for listings. DOCUMENTS POWER TO BLOCK LISTINGS ON NATIONAL SECURITY GROUNDS: ECONOMIC CRIME PLAN – ACTION 19


Ref: ISBN 978-1-911680-82-6, 3120 PDF, 241 KB, 20 pages This file may not be suitable for users of assistive technology. Request an accessible format. If you use assistive technology (such


as a screen reader) and need a version of this document in a more accessible format, please email [email protected]. Please tell us what format you need. It will help


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