Nucleus Shares News Today : Breaking News, Live Updates & Top Stories | Vimarsana

26 th May 2021 7:07 am James Hay hopes to “expedite” the regulatory approval process for its takeover of rival platform Nucleus. The Financial Conduct Authority has confirmed it is reviewing the application for the change in control after James Hay submitted the forms on 1 April this year. The review is expected to complete “on or around” 18 August. The FCA assigned a case officer on 7 May to check the application contained the relevant information. James Hay has extended the date by which its offer to take over Nucleus becomes unconditional until 23 August 2021, for a swift transition if regulatory approval is granted. The date may be extended further should the FCA decide to “stop the clock” to seek more information and ask additional questions.

James hayFinancial conduct authorityNucleus sharesஜேம்ஸ் வைக்கோல்நிதி நடத்தை அதிகாரம்