Your English writing platform
Discover LudwigExact(3)
The Competition and Markets Authorities is expected to decide by early next year whether to allow the merger to go ahead, and whether to impose remedies.
Friday, however, will be a big day for European markets: authorities there are scheduled to release the results of so-called stress tests assessing the health of the Continent's banks.
It hardly could have been started much earlier; the renminbi, or yuan, does not float freely on international markets — authorities have begun to loosen their grip on the renminbi-dollar exchange rate only in the last few years — and the Chinese bond market has existed for just over a year, the fund's manager, Edmund Harriss, pointed out.
Similar(57)
The Saudi capital markets authority, for example, recently allowed foreign companies to be solely or dually listed on the Saudi stock exchange.
High street banks don't work hard enough to compete for customers, says the report published this morning by the competition and markets authority.
The company said that it would go to the French court system to try to invalidate the approval of Sanofi's $60 billion hostile bid by France's financial markets authority.
Like a proud mother, Nyaghoa reels off the names of the pupils who have gone from the slum to successful careers, including a biochemical engineer, a lecturer, a manager at Kenya's capital markets authority, and a recent student now studying to be a doctor.
The French government last month relaxed the rules around this new form of finance, saying ventures could raise up to €1m (£827,951) per campaign per year without having to notify the financial markets authority, a higher ceiling than the previous €100,000 limit.
A spokeswoman for the markets authority, who declined to be named citing agency policy, said that the accused managers would have two months to respond to the charges and that a hearing of their cases would take place in the autumn.
The same limit will apply to equity crowdfunding (also known as AngelList-style syndicates) — startups will be able to raise up to $1.4 million per year without having to notify the financial markets authority.
Under the Commission proposal, which forms the basis for EU law, ESMA, the European markets authority, would get powers of enforcement to silence the rating agencies if their views could upset markets.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com