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Image header Agence Europe
Europe Daily Bulletin No. 9886
Contents Publication in full By article 17 / 30
GENERAL NEWS / (eu) eu/financial services

Alternative investment fund managers will have to be authorised to distribute their products throughout EU

Brussels, 21/04/2009 (Agence Europe) - The European Commission will present a proposal for a directive on granting authorisations to alternative fund managers on Wednesday 29 April. This legislative initiative will impose requirements in terms of minimum capital holding, supervision and disclosure of information to competent authorities and investors. It responds to a request from the G20 and the European Council that all institutions, instruments and financial markets must be appropriately...

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