Mint and Premium Listing: Difference between pages

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''Money - currency.''
''London Stock Exchange.''


1. ''Verb.''
A Premium Listing on the London Stock Exchange is only available to equity shares issued by trading companies and closed and open-ended investment entities.  


To create a physical or virtual coin.
Issuers with a Premium Listing are required to meet the UK’s super-equivalent rules, which are higher than the EU minimum requirements for a Standard Listing.


A Premium Listing means the company is expected to meet the UK’s highest standards of regulation and corporate governance.


:<span style="color:#4B0082">'''''Minting a digital euro'''''</span>
As a consequence the company may enjoy a lower cost of capital, through greater transparency and through building investor confidence.


:"In a recent speech the President of the ECB... noted that the project would complement the existing banking system rather than trying to ‘jeopardise’ it adding that experiments to consider the merits of minting a ‘digital euro’ were going through a complex decision-making process.


:The [ECB] has not yet decided to issue a CBDC. "
:<span style="color:#4B0082">'''''Climate risk disclosures'''''</span>


:''Association of Corporate Treasurers - Update on the Payments landscape - September 2021.''
:"The Financial Conduct Authority (FCA) implemented a new Listing Rule applicable to premium listed commercial companies designed to help users understand how they are managing climate-related risks.  


:The new Rule (LR 9.8.6(8)) does this by requiring disclosures in annual reports consistent with the recommendations and recommended disclosures of the Task Force on Climate-related Disclosures (TCFD).


2. ''Noun.''
:The Rule will apply to accounting periods beginning on or after 1 January 2021 with the first annual financial reports under the new rule published in the spring of 2022."


An official location for the authorised production of coins.
:''ACT blog, 19 February 2021 - Naresh Aggarwal, Associate Director, Policy & Technical.''




== See also ==
== See also ==
* [[Cash]]
* [[Cost of capital]]
* [[Central bank digital currency]] (CBDC)
* [[Equity]]
* [[Coin]]
* [[Financial Conduct Authority]]
* [[Cryptocurrency]]
* [[Investor relations]]
* [[Currency]]
* [[Listing]]
* [[Digital currency]]
* [[Listing particulars]]
* [[Digital euro]]
* [[Listing Rules]]
* [[e-money]]
* [[London Stock Exchange]]
* [[European Central Bank]] (ECB)
* [[Main Market]]
* [[Fiat money]]
* [[Premium]]
* [[Gold standard]]
* [[Standard Listing]]
* [[Legal tender]]
* [[Task Force on Climate-related Financial Disclosures]]
* [[Monetisation]]
* [[Transparency]]
* [[Money]]
* [[UK Corporate Governance Code]]
* [[Token]]


[[Category:The_business_context]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]

Revision as of 11:21, 11 March 2021

London Stock Exchange.

A Premium Listing on the London Stock Exchange is only available to equity shares issued by trading companies and closed and open-ended investment entities.

Issuers with a Premium Listing are required to meet the UK’s super-equivalent rules, which are higher than the EU minimum requirements for a Standard Listing.

A Premium Listing means the company is expected to meet the UK’s highest standards of regulation and corporate governance.

As a consequence the company may enjoy a lower cost of capital, through greater transparency and through building investor confidence.


Climate risk disclosures
"The Financial Conduct Authority (FCA) implemented a new Listing Rule applicable to premium listed commercial companies designed to help users understand how they are managing climate-related risks.
The new Rule (LR 9.8.6(8)) does this by requiring disclosures in annual reports consistent with the recommendations and recommended disclosures of the Task Force on Climate-related Disclosures (TCFD).
The Rule will apply to accounting periods beginning on or after 1 January 2021 with the first annual financial reports under the new rule published in the spring of 2022."
ACT blog, 19 February 2021 - Naresh Aggarwal, Associate Director, Policy & Technical.


See also