Competition watchdog orders FNZ to sell GBST
Says merger could ‘lead to a reduction in the quality of service and higher prices’
Competition and Markets Authority
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Wealth tech giant claps back after regulator halts merger
Contradictory statements highlight fragmented M&A deal
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Fintech merger under scrutiny
Acquisition was agreed in July 2019
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Wealthtech provider acquisition under investigation
Watchdog will decide if the deal will result in ‘lessening of competition’ in any markets across UK
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UK pension trustee market set for regulatory shake-up
Many lack the information needed to assess and compare investment consultants and fiduciary managers
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Saudi eases investment and asset management rules
Asset management and other investment firms will find it easier to open and operate in Saudi Arabia after the country’s Capital Market Authority (CMA) loosened its licensing rules.
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Competition watchdog to scrutinise Standard Life/Aberdeen deal
A UK government watchdog has announced an investigation into the merger of Standard Life and Aberdeen Asset Management, to ensure it does not damage competition in the industry.
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Saudi Arabia opens real estate fund trading to expats
Saudi Arabia’s Capital Market Authority (CMA) board has given the green light to foreigners in the Kingdom to trade Real Estate Investment Trusts (Reits) on the Saudi bourse.
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Australian regulator signs fintech agreement with Kenya
The Australian Securities and Investments Commission (ASIC) has signed a cooperation agreement with the Capital Markets Authority of Kenya (CMA) in a bid to boost financial services technology for both countries.