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FSA takes up new stockmarket role

The Financial Services Authority has published draft guidelines on its approach to taking over the role as the London Stock Exchange regulator next Spring.


The FSA announced it will take over from LSE&#39s listing function with the continued help of the listing authority advisory bodies.


It also revealed of head of the listing department at the stock exchange Paul Geradine, would move to the FSA at the time of the transfer of responsibilities. He will take on the role as director in charge of the regulators new listing division.

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