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Nikhil Rathi defends FCA’s role as companies ditch London listings
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The chief executive of the Financial Conduct Authority has told Financial News that the regulator's rulebook is not the main thing holding back London's capital markets as a host of firms look to list in the US instead.
The roster of names that have ditched the City for New York has continued to grow in recent months, with chip giant Arm joining the likes of CRH, Flutter, Ferguson and Abcam seeking a float elsewhere.
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