Moves by the U.K.’s financial regulatory body to encourage companies to list in London might fail to deliver or send mixed messages about the value placed on corporate governance, according to experts.

On Dec. 20, the Financial Conduct Authority (FCA) released its proposals to simplify the U.K.’s listing regime to make it more accessible, effective, and competitive.

Neil Hodge is a freelance business journalist and photographer based in Nottingham, United Kingdom. He writes on insurance and risk management, corporate governance, internal audit, compliance, and legal...