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LSE boss Schwimmer says "blank cheque" listings could boost London after Brexit

·1-min read
CEO of London Stock Exchange Group David Schwimmer speaks during an event to launch the private finance agenda for the 2020 United Nations Climate Change Conference (COP26) at Guildhall in London

LONDON (Reuters) - Britain should replicate New York's success in listing "blank cheque" companies to boost the City of London's attractiveness as a global financial centre after Brexit, London Stock Exchange Chief Executive David Schwimmer said on Friday.

"SPACs clearly have taken off in the U.S. markets. There is increasing curiosity and potential interest in seeing more of them here," Schwimmer told Reuters.

"We do think are opportunities in the UK listings regime to make some changes that would make us a more attractive listing regime while maintaining high standards of corporate governance."

(Reporting by Huw Jones; Editing by Rachel Armstrong)