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Ask the Tutor ACCA AFM

city code and takeover directive

Aannette7y ago
What is the difference between city code and the takeover directive? Can they be considered to be one and the same? thanks!
John MoffatJohn MoffatTutor7y ago#1
The City Code is UK rules, the Takeover Directive is a EU directive. For the purposes of the exam they are effectively the same.
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