The UBS acquisition of Credit Suisse has been approved in the EU, but is being complicated in China by regulatory requirements.
May 29, 2023Four agencies reaffirmed their commitment to "vigorously enforce their collective authorities and to monitor the development and use of automated systems."
April 30, 2023ACCC chair says the inquiry will closely examine how banks make decisions on interest rates and any barriers consumers face in getting a better deal.
April 24, 2023The FTC plans to use existing authorities to pursue companies who misuse AI to violate laws against unfair and deceptive acts.
April 24, 2023The timeframe can be extended if applicants agree. ANZ agreed to an ACCC request to extend the review period from 12 June to 28 July.
April 20, 2023A new body will be created to boost the uptake of open banking in the UK and extend its benefits to other sectors of the economy.
April 18, 2023DRs can apply for additional licences to engage in investment advice, financial planning, restricted dealing in unit trust products, dealing in private retirement schemes.
April 18, 2023Current laws do not require merger parties to notify the ACCC of planned mergers, or to wait for clearance before they complete the merger.
April 17, 2023Mizuho Securities, as lead underwriter, set the issue prices of two companies lower than the companies were seeking. Both more than doubled in value on their IPO.
April 17, 2023Swiss lawmakers symbolically voted against a liquidity package to support the merger, which is expected to formally close within a few months.
April 13, 2023