AUSTRALIA: ASIC and the Takeovers Panel Announce Updated MoU

Tuesday March 28 2017

The Takeovers Panel`s Director Allan Bulman and ASIC Commissioner John Price have announced the release of a new Memorandum of Understanding (MOU) between the Panel Executive and ASIC.

ASIC and the Panel each perform separate but complementary roles regarding the regulation of takeovers and other control transactions in Australia. The previous MOU between ASIC and the Panel was signed in August 2001.

The refreshed MOU reflects the main features of the current relationship between ASIC and the Panel Executive including regular liaison between staff, information sharing and referrals.

Please follow the link at the top of the page for the MoU.