Merchant Banking Act (in various jurisdictions)

The Merchant Banking Act refers to laws regulating merchant banking activities, such as providing advisory services, underwriting securities, and assisting companies with mergers and acquisitions. Different jurisdictions, like India or the UK, establish these laws to ensure transparency, protect investors, and regulate how merchant banks operate. Typically, these laws require merchant banks to obtain licenses, follow ethical standards, and adhere to reporting requirements to maintain financial stability and trust in the markets. Overall, the Act aims to govern professional financial services related to corporate finance and investment activities, ensuring they serve the economy responsibly and ethically.