The Investment Management Association (IMA) has published a press release warning about the potential pitfalls in forthcoming European regulation. The headlines in the press release are:
- UCITS IV package offers the funds industry less than it originally promised.
- The Alternative Investment Fund Managers Directive is much more than a hedge fund and private equity Directive.
- Politicians need to differentiate more clearly between different parts of the financial services industry to avoid inflicting unnecessary damage.
View IMA warns about potential pitfalls in forthcoming European regulation, 12 May 2010