BDLive – protracted process of drawing up regulations for the entire hedge fund industry, which commenced in 2012 on the recommendation of the Group of 20 following the 2008 financial global financial crisis, is drawing to a close, with the Treasury looking to finalise them by the second quarter of this year.
In terms of the proposals, hedge funds would be regulated by the existing Collective Investment Schemes Control Act and their business declared as collective investment schemes.
