Closed consultation

Consultation on a Power to Block Listings on National Security Grounds

From:
HM Treasury
Published
7 June 2021
Last updated
10 December 2021 — See all updates
This was published under the 2019 to 2022 Johnson Conservative government

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Summary of Responses - Consultation on a power to block listings on national security grounds

PDF, 172 KB, 14 pages

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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
to

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

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Updates to this page

Published 7 June 2021
Last updated 10 December 2021 + show all updates

  1. Summary of Responses - Consultation on a power to block listings on national security grounds added to page

  2. First published.

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