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Europe Daily Bulletin No. 10113

8 April 2010
GENERAL NEWS / (eu) eu/financial services
New US attack against draft hedge fund directive

Brussels, 07/04/2010 (Agence Europe) - In a second letter to the German, British, Spanish and French finance ministers earlier this week, US Treasury Secretary Timothy Geithner again expresses concern about the possible negative impact on the US finance industry of the draft EU directive on alternative investment fund managers (the draft AIFM directive). “I understand that the draft AIFM directive currently under discussion in the Council would discriminate against third country funds and...

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