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Aspiring Lawyers - Interviews & Vacation Schemes
Commercial Awareness Discussion
The Financial Conduct Authority
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<blockquote data-quote="Daniel Boden" data-source="post: 30585" data-attributes="member: 487"><p>I'm not sure if you mean the Competition Markets Authority or CMA? They would be the regulatory body responsible for stopping mergers and/or making sure a merger can go ahead if the merger doesn't unduly impact the market.</p><p></p><p>I believe the FCA is only notified for the purposes of a change of control and then has 60 working days to decide whether to approve the change of control.</p><p></p><p>Ashurst explains this process in a simple way in the link below:</p><p><a href="https://www.ashurst.com/en/news-and-insights/legal-updates/quickguide---potential-regulatory-issues-when-acquiring-uk-businesses/" target="_blank">https://www.ashurst.com/en/news-and-insights/legal-updates/quickguide---potential-regulatory-issues-when-acquiring-uk-businesses/</a></p></blockquote><p></p>
[QUOTE="Daniel Boden, post: 30585, member: 487"] I'm not sure if you mean the Competition Markets Authority or CMA? They would be the regulatory body responsible for stopping mergers and/or making sure a merger can go ahead if the merger doesn't unduly impact the market. I believe the FCA is only notified for the purposes of a change of control and then has 60 working days to decide whether to approve the change of control. Ashurst explains this process in a simple way in the link below: [URL]https://www.ashurst.com/en/news-and-insights/legal-updates/quickguide---potential-regulatory-issues-when-acquiring-uk-businesses/[/URL] [/QUOTE]
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The Financial Conduct Authority
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