The London Stock Exchange (LSE) has published a new rulebook for AIM’s nominated advisers (nomads) as part of a series of measures to tighten up governance on the market for smaller companies.
Nomads advise their companies on how to comply with AIM rules, and the rulebook codifies the role and responsibilities of nomads based on existing best practice.
The LSE is also introducing enhanced disclosure requirements for AIM companies: for instance, by requiring them to maintain a website and display core management and financial information on it.
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