FTSE is going to toughen requirements amidst Russian companies willing to list.

By bne IntelliNews November 3, 2011
Reuters cites the representative of the FTSE index group Chris Woods as saying that a toughening of the premium listing requirements is being considered, amidst intensified number of Russian companies trying to get a premium listing in UK. He specifically noted resource-sector companies with "low shares turnover and shady standards of corporate governance". As reported, Russia'n companies announcing their intention to get a premium listing on LSE and thus being included in FTSE 100 are Evraz Group controlled by tycoon Roman Abramovich, Polyus Metal of Mikhail Prokhorov, Polimetall, and most recently Uralkali of Suleiman Kerimov.

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