European Voice – Negotiators from the European Parliament believe that they may be close to breaking a deadlock with the Council of Ministers over proposals to tighten the EU’s regulation of hedge funds.
The proposals for EU-wide rules on management of ‘alternative investment funds’ has been the subject of intensive discussions between MEPs and the Council since May. The dossier is one of the proposals made by the European Commission to reform financial markets in the wake of the banking crisis.