30.04.2009 - One-size-fits-all regulation may not work for all EU alternative managers, says KPMG
From Propertyfundsworld.com: Professional services firm KPMG has warned that the European Commission's proposals for 'one-size-fits-all' regulation of alternative investment managers based within the European Union may not be appropriate for all asset classes covered by the draft Directive on Alternative Investment Fund Managers. 'We believe that the regulation must separate out different asset classes in what is a wide and varied industry,' says UK-based private equity partner Vincent Neate.......Full Article: Source
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