{"id":8872,"date":"2008-10-16T00:00:00","date_gmt":"2008-10-16T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"sarkozy-urges-clampdown-on-hedge-funds-offshores","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2008\/sarkozy-urges-clampdown-on-hedge-funds-offshores.html","title":{"rendered":"Sarkozy urges clampdown on hedge funds, offshores"},"content":{"rendered":"<p>Reuters &#8211; President Nicolas Sarkozy called at a European Union summit on Wednesday for a clamp-down on hedge funds and offshore centres as part of efforts to better regulate the world financial system. <\/p>\n<p>&quot;I would propose a simple principle, that no financial institution should escape regulation and supervision,&quot; he said according to a copy of a speech to the EU summit in Brussels.<\/p>\n<p>&quot;I am thinking, for example, of the regulation that we must apply to the rating agencies, and of the necessary supervision of hedge funds&#8230;We must also work to eliminate the grey areas that undermine our efforts at coordination, in this case the offshore centres,&quot; he said.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.reuters.com\/article\/bondsNews\/idUSLF23310120081015\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; President Nicolas Sarkozy called at a European Union summit on Wednesday for a clamp-down on hedge funds and offshore centres as part of efforts to better regulate the world financial system. &quot;I would propose a simple principle, that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[954,3221,3220,117,3138,3032,2154],"class_list":["post-8872","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-954","tag-european-union","tag-german-initiative","tag-investment-arm","tag-law-experts","tag-offshore-group","tag-warrant"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8872"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8872\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}