Listed entity
A listed entity is an entity whose shares, stock, or debt are quoted or listed on a recognized stock exchange or are marketed under the regulations of a regulated stock exchange or other equivalent body. This includes those listed on the London Stock Exchange (including those admitted to trading on the Alternative Investment Market (AIM)) and ISDX Markets. Note that the AIM would not fulfill the definition of a ‘regulated market.’ Therefore, an AIM-listed company would be a ‘listed entity’ but not a ‘public interest entity’ for the Ethical Standard [Croner-i].
The concept of a listed entity is an integral part of the concept of a PIE (public interest entity), which itself occupies a central place in the International Independence Standards (IIS, Part 4A of the Code). The Code takes a stricter view of audits of PIEs as opposed to entities that are not PIEs; many of the independence requirements in the IIS are focused on PIEs [International Federation of Accountants].
Definition of public interest and listed entities. Croner-i. Retrieved from: https://library.croneri.co.uk/cch_uk/naagm-02/ac2-9-1