Aggregated News From Investment Management Regulators

FINMA’s Takeover and State Liability Committee is considering appeals against decision 765/02 regarding MCH Group AG


Please complete the required fields.

In its decision 765/02 of 20 August 2020, the Swiss Takeover Board partly endorsed the objections raised by LLB Swiss Investment AG to decision 765/01 of 13 July 2020. The board held that the formally selective opting-up clause, which was voted on at MCH Group AG’s extraordinary general meeting of 3 August 2020, is invalid under takeover law.

MCH Group AG and Lupa Systems LLC have lodged appeals against this decision. FINMA’s Takeover and State Liability Committee is now considering the appeals.

Source link

Regulator Information

Abbreviation: FINMA
Jurisdiction: Switzerland

Recent Articles

New SRO Compliance Priorities Report for 2022/2023: Helping Firms with Compliance

Executive Summary We are pleased to present our annual Compliance Priorities Report: Helping Firms with Compliance for 2022/2023. This year’s report outlines our hybrid return to the office...


We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary...

Communiqué No. 02 Multiple Banking Capitalization Index of December 2022

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content...

FIN-FSA’s Annual Report 2022: State of the financial sector remained solid, but global events caused turmoil in the operating environment

The state of the financial sector remained good in 2022; however, Russia’s invasion of Ukraine increased risks to both economic development and cyber security. “Risks...

Get the latest from Regulatory.News in your inbox!