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BRICS M&A confidentiality waiver recommendations planned for adoption next year

( October 6, 2020, 13:51 GMT | Official Statement) -- MLex Summary: Draft model recommendations on applying waivers of confidentiality in global merger and acquisition reviews are planned for adoption next year, Russia's competition watchdog has said. An ad hoc expert working group of competition authorities from the BRICS nations — Brazil, Russia, India, China and South Africa — has been looking to converge practices in global M&A reviews. The recommendations aim at developing a unified practice for interaction with other countries' competition watchdogs.Statement follows. ...

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