Bloomberg – European finance ministers are seeking to find a compromise with the U.K. on hedge-fund rules a day after the Parliament approved tougher laws for investment managers in the 27-nation bloc.
Yesterday’s vote by the European Parliament’s economic and monetary affairs committee may set up a clash with EU nations over the final draft of the legislation, which was proposed last year by the European Commission. Finance ministers are today scheduled to vote on a separate version of the law.
