Strasbourg, 19/01/2004 (Agence Europe) - With the adoption on Thursday in Strasbourg of the report by British Conservative John Purvis, the European Parliament calls on the Commission to propose a Community regulation aimed at guaranteeing transparency of "sophisticated alternative investment vehicles" (SAIV). Generally offshore, these alternative funds are often located in tax or regulatory havens. The Parliament also recommends the setting in place of a light regulatory regime to encourage SAIV to come to the EU by offering advantages of a common European passport under mutual recognition. It calls on the Commission to undertake actions against Member States which carry out discriminatory practice against SAIV located in other Member States.