Eu Finally Finds Its Way to Get at the Hedges

Summary


HEDGE funds and private equity have made a lot of noise about proposals from the European Union to regulate them more closely although they have scant success in reversing the tide -- much to the bemusement of many of the European politicians who pushed for the legislation in the first place.

Whether it is the truth or simply mischief-making, rumour has it that EU drafters made the proposals deliberately harsh, so that they could then make some concessions when the UK Treasury protested, but still retain the bulk of what they wanted in the legislation.

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Extract


Eu Finally Finds Its Way to Get at the Hedges

They were baffled therefore when the UK...

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