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Image header Agence Europe
Europe Daily Bulletin No. 9422
GENERAL NEWS / (eu) eu/ecofin council

Charlie McCreevy backs voluntary code of conduct for hedge funds

Brussels, 08/05/2007 (Agence Europe) - After the Ecofin Council in part devoted to hedge funds, on Tuesday 8 May, European Internal Market Commissioner Charlie McCreevy said he was in favour of a voluntary code of conduct being adopted by the sector. Thus he found himself in agreement with German Finance Minister Peer Steinbrück, who has long argued for this. He said, however, that the voluntary code of conduct for hedge funds must not be compared with the one for the clearing and...

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