AIM companies and Nomads are regulated by a dedicated team at the London Stock Exchange - AIM Regulation.
AIM Regulation is a team of professionals including lawyers, accountants and corporate financiers, responsible for:
- providing advice and guidance on the AIM rules
- monitoring and investigating AIM companies’ compliance with the regulations
- approving and monitoring Nomads
- development of AIM rules.
Contacting AIM Regulation
AIM Regulation provides an e-mail enquiry and telephone service for Nomads, as they are the primary regulators of AIM companies. In exceptional circumstances, AIM Regulation is able to deal with queries from an AIM company’s other advisers, such as lawyers and accountants, or from the company itself.
1. The AIM Rules for Nominated Advisers state that AIM Regulation will not provide guidance on a ‘no-names’ basis in relation to detailed or specific regulatory matters. The relevant company’s name and the enquirer’s details should be disclosed to AIM Regulation so it can provide appropriate advice. All information received is kept confidential, in accordance with the AIM rules. If AIM Regulation does provide any guidance on a ‘no-names’ basis, it is provided for general, high-level purposes only and it is non-binding upon the Exchange and should not be relied upon.
2. Before contacting AIM Regulation, please ensure you have first checked all appropriate resources. Contacting AIM Regulation should not be treated as a substitute for reviewing these in the first instance.
3. Complex or specific queries, class test queries or requests for rule derogations must be sent by email by a company's Nomad.
4. When contacting AIM Regulation, you must provide it with all the material information necessary for it to advise on the query. If AIM Regulation provides advice or a derogation and the information on which this was based subsequently changes, you should approach AIM Regulation again as soon as possible.
5. AIM Regulation strives to respond to all queries as quickly as possible. However, complex or policy-related queries may require three business days or possibly longer if the team needs to access further information. This timescale should be factored into any transaction timetable. In any event, AIM Regulation should always be contacted at the earliest opportunity.
6. An adviser should not assume that a derogation from the AIM Rules has been provided unless a member of the AIM Regulation team has confirmed this specifically in an email to the company’s Nomad.
7. Please note that all telephone calls to and from AIM Regulation are recorded.
You can contact AIM Regulation preferably by email on email@example.com or alternatively on +44 (0) 20 7797 4154.
If your query relates to a secondary markets matter only, please contact the Exchange’s Market Supervision team on +44 (0) 20 7797 3666 (STX 33666).
If you have a complaint relating to an AIM company or a Nomad’s compliance with the AIM Rules, please e-mail firstname.lastname@example.org. If you have a complaint about the Exchange, please click here for more details.