kw:public.logo_text

The EU Commission proposes merger rules to be tightened for financial institutions

15.09.2006

The European Commission has put forward a proposal that will tighten the procedures that Member States’ supervisory authorities have to follow when assessing proposed mergers and acquisitions (M&A) in the banking, insurance and securities sectors. Current EU rules allow supervisory authorities to block proposed M&A if they consider that the 'sound and prudent management' of the target company could be put at risk.

Back  |  Disclaimer