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UK property bodies criticize proposed EU funds law

Posted on 16 July 2009

From Reuters: Two UK property industry bodies have joined the list of critics of the European Union’s controversial draft law on alternative investment funds.

In letters to the UK Treasury and the Financial Services Authority earlier this month, seen by Reuters, the Property Industry Alliance (PIA) said it had “identified a number of serious concerns” about April’s directive on Alternative Investment Fund Managers……..Full Article: Source


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