The Irish Stock Exchange (ISE) is considering changing its listing standards, allowing companies to choose a “premium” or “standard” listing. Companies with a premium listing would have to comply with the existing listing requirements. However, a standard listings would be required to meet only minimum standards as outlined in EU directives.
A similar change was introduced by the UK’s Financial Services Authority (FSA) this month. The ISE has a policy of maintaining parity with the FSA’s listing standards. Given the size of the Irish market, the ISE notes its reputation would “move from being associated with the highest regulatory standards” if a number of Irish companies chose to move to a “standard” listing.
Irish companies that do not wish to subscribe to a primary listing already have the option of listing on the Enterprise Securities Market.