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Image header Agence Europe
Europe Daily Bulletin No. 10244
Contents Publication in full By article 20 / 33
GENERAL NEWS / (eu) eu/financial services

Agreement in principle on hedge funds

Brussels, 26/10/2010 (Agence Europe) - Hedge funds and private equity funds operating in Europe will be covered by EU rules in 2013 following interinstitutional agreement on Tuesday 26 October 2010 between the European Parliament and the Council of Ministers on the draft directive on management of alternative investment funds (AIFM), one week after the unanimous compromise deal reached by the ECOFIN Council (see EUROPE 10239). Belgian finance minister Didier Reynders said that the...

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