EU To Debate Proposed Restrictions On Europe’s Alternatives Market
April 16, 2010
• Cherry Reynard
April 29 marks the one-year anniversary of the European Commissions publication of its controversial Alternative Investment Fund Managers directive, a proposed piece of far-reaching legislation that could restrict Europes access to global alternative asset managers. But instead of allowing their deep ideological rift to show in public, the European Unions Council of Ministers decided last month to set aside a debate on the proposal.
For their part, U.S. and U.K. politicians are hoping an agreement can be reached with global peers at the ....