Hello there. It's great to see you again. This is Emlex's weekly podcast covering the top stories in regulatory affairs with the help of our team of reporters around the globe. My name is James Panicki. Thank you

for downloading the show. Now, if you're having business dealings with someone nicknamed

the Master of Kickbacks, would that raise a red flag? Well, for most of us, the answer would

no doubt be yes. But Credit Suisse? Well, not so much. The Zurich-based lender is facing eye-watering fines imposed in both the US and the UK over its business dealings in Mozambique.

It's an extraordinary story and an illustration of the increasingly long arm of the US justice system. And Martin Coyle will join us from London in just over 10 minutes from now.

But first, it's not easy keeping up with developments in the universe of app stores.

Apple is hoping to have a judge sign off on a contentious settlement with small developers

over accusations that the tech giant monopolized

app distribution and in-app payments. While Google is halving the cut that it takes on app revenue

in its play store for Android devices. Now, it's safe to assume that neither company would be taking

this type of drastic action

if they weren't coming under intense regulatory scrutiny.

And that tells us something about the rapid pace of change we're observing at the moment.

Now, when I said it's not easy keeping up with developments on this front,

well, at least it's not impossible for MLEX subscribers who can rely

on Michael Acton's reporting and analysis from Silicon Valley. And Mike joins me right now.

So let's recap, for those unfamiliar with the story, where do things stand for Apple and Google

in terms of their legal fight over the control of what's referred to as the app ecosystem?

So there's sort of two big sets of cases out here in the California federal courts.

First, probably the more high profile one is Epic Games that sued apple last year and we got a judgment

in september where apple sort of won it was a qualified victory they they were cleared on the

claims that they broke in federal antitrust law but um the judge took issue with some of their

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