Friday 24 July 2009

european union directives and regulations

Open Europe blog: London? So passé, chéri

By Open Europe blog team

If anyone is in any doubt about the motivation behind the recent, very controversial,

 tranche of
EU proposals for financial regulation, they should take a look at the FT

 today.
... for hedge funds and other investment funds, in its recent White Paper on

financial
regulation the Treasury was about as tough as a bag of marshmallows:

 "at the EU level, 
the European Commission published a proposal for
  a directive on   Alternative Investment Fund Managers
  on 29 April 2009. ...

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