ECB warns on hedge-fund regulation
Friday, October 23, 2009 : PermalinkAFP – The European Central Bank has warned that European Union plans to regulate hedge funds and private equity groups could tilt the playing field against EU companies.
The ECB’s position could influence the rewriting of proposed rules drafted by the European Commission.
“The ECB supports the intention to provide a harmonised regulatory and supervisory framework for the activities of alternative investment fund managers (AIFMs) in the European Union,” it said in an opinion requested by the Council of the European Union.
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alternative investment, hedge fund, investment fund managers, Private Equity, supervisory framework