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Europe Daily Bulletin No. 9709

24 July 2008
Contents Publication in full By article 26 / 31
GENERAL NEWS / (eu) eu/financial services
Commission takes times before deciding on appropriateness of initiative on private investment funds

Brussels, 23/07/2008 (Agence Europe) - “The Commission is not in a position to recommend a clear course of action at this point in time” on the European investment fund market and it proposes that “the envisaged Communication on private placement be postponed” so that it can continue consideration of whether it is appropriate to take action, either legislative or non-binding, at European level. This is the outcome of the specific consultation which the European Commission launched in...

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GENERAL NEWS