It will be interesting to see what effect, if any, improved Corporate Governance will have on the ability for AIM to retain a healthy number of Nomads operating in the space. 

UHY Hacker Young claimed in June this year that a lack of Nomads had "forced 151 companies, including 15 in the last year, to leave AIM, resulting in a ‘huge loss in investor value’", and that "a shortage of new IPOs, tighter regulation and poor corporate governance" was to blame for the decline. 

Following a change to the rules in September of this year, AIM companies must explain how they comply with a “recognised corporate governance code” and this year's recently published Behaviour Review has identified the following key messages: