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Publication
Merger law reform in Australia: What next after the Exposure Draft?
As expected, the Australian Commonwealth Treasury released an exposure draft for the proposed new Australian merger regime on 24 July 2024.
United Kingdom | Publication | February 2024
On January 30, 2024, HM Treasury published the Securitisation Regulations 2024. The explanatory memorandum to the Regulations notes that the FCA, rather than the Regulator as previously, will have responsibility for supervising securitisations by pension schemes.
The Regulations are largely unaltered from the draft published in November 2023 containing changes such as the removal of due diligence requirements for occupational pension schemes acting as institutional investors in securitisations.
Further legislation dealing with the due diligence requirements for pension schemes is due to be laid later in 2024.
Publication
As expected, the Australian Commonwealth Treasury released an exposure draft for the proposed new Australian merger regime on 24 July 2024.
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