BusinessCompany NewsNew AIM rules target below par nomads

New AIM rules target below par nomads

Underperforming nominated advisers will find themselves weeded out under the new rule book for the advisers, the chairman of the AIM advisory group has said

The new guide sets in stone a requirement that site visits would have to be
made by advisers to assess the operations of non-UK companies, Adam Hart of KBC
Peel Hunt said. ‘I hope it weeds out some of the weaker nomads, but it also
gives them a chance to reach the quality levels that are expected in the AIM
market.’

Hart maintained that the rule book simply codified what was already in
existence: ‘This is not a change as far as we’re concerned,’ said Hart.

Related Articles

M&S business rate liabilities based on £570m rateable value

Company News M&S business rate liabilities based on £570m rateable value

4m Emma Smith, Managing Editor
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

8m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

12m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

1y Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

1y Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

1y Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

1y Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

1y Emma Smith, Managing Editor