The 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, 2023The FCA will propose reforms to the listing regime, consult on the introduction of consolidated tapes, and strengthen its authorisation and assessment processes.
April 11, 2023The ACCC is calling for further submissions from industry and consumers on how the proposed acquisition may impact competition.
April 4, 2023ASIC will gain rule-making and enforcement powers and the ACCC arbitration powers, enabling them to enhance competition in the provision of clearing and settlement services.
March 24, 2023The service will allow consumers to compare and receive recommendations for deposit products from various FIs.
March 24, 2023