The five-year old "unbundling" rule is part of an EU securities law known as MiFID II that Britain kept after Brexit.
A report headed by Hogan Lovells lawyer Rachel Kent recommends giving the "optionality" to rebundle, given it is allowed on Wall Street, and the EU is also reviewing the rule.
The report recommends creating a new research platform to promote, source and distribute research on smaller companies looking to list.
"The recommendations in Rachel Kent’s Independent Research Report will be accepted by the Government...
It also sets the path for potentially removing the unbundling rules," the finance ministry said in a statement.
Persons:
Hogan Lovells, Rachel Kent, Kent, Rachel, Huw Jones, Sharon Singleton
Organizations:
Union, Britain, Government, Financial, Authority, FCA, Thomson
Locations:
Britain, London, EU