Listed Investment Companies (Classification etc) Bill will make no further progress

The UK Parliament has published an updated webpage confirming that the Listed Investment Companies (Classification etc) Bill, a Private Members' Bill introduced in September 2024, will make no further progress as the 2024-2026 session of Parliament has come to an end. The Bill made provision about listed investment companies; the classification and characteristics of those companies; and for connected purposes. It related to collective investment undertakings of the closed-end type, the shares of which are admitted to trading on any market or venue operated by a UK recognised investment exchange, known as Listed Closed-End Investment Companies and did not relate to collective investment undertakings other than the closed-end type.

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