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Labour market · 12/05/2023

UBS and Credit Suisse Group Seek Exemption to Avoid Loss of Transaction Relief Following Merger

The companies are seeking an exemption to continue relying on a specific exemption from prohibited transactions, which would be lost due to their upcoming merger, despite recent convictions involving entities within the UBS and Credit Suisse corporate umbrellas.

Source: Federal Register — Department of LaborOpen original release →