Sector: Banking & investment banking

Back in 2005, a number of merchants commenced class actions against Visa and Mastercard, alleging the companies had conspired with US banks to fix credit card processing fees, at around 2 per cent of the...

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Refinement of merger regime in Indonesia

October 18, 2012 | 1 Comments

On 2 October 2012, the Indonesian Competition Commission (KPPU) published new regulations addressing mergers and acquisitions.  Regulation No. 3 of 2012 further revises the KPPU’s 2010 merger review guidelines and Regulation No. 4 of 2012...

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The Swiss touch

September 13, 2012 | 0 Comments

The financial press on both sides of the Atlantic is reporting that the DOJ has offered several UBS employees immunity from prosecution in return for their investigation into whether banks colluded to manipulate certain inter-bank...

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On 15 June 2012, the New Zealand Commerce Commission declined the application by epay (owned by US payment processor Euronet Worldwide) for clearance to buy New Zealand-owned company Ezi-Pay. Ezi-Pay and epay each distribute a...

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On 17 January 2012, the Amsterdam Court of Appeal declared an international collective settlement binding in the Converium/SCOR securities class action – the first such case settled on a Trans-Atlantic basis. In addition to showing...

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