Bringing hedge funds into the regulatory mainstream
Date of publication:
23 June 2009
Pages:
2 The global financial crisis has put an end to the cosy environment in which the financial industry had operated up to now. In keeping with their G-20 commitment, the European Commission has published draft rules for hedge funds, which bring all non-harmonised funds under the EU’s regulatory umbrella, largely reproducing the rules of existing directives, and adding some new elements in response to the crisis.
This European Capital Markets Institute (ECMI) Commentary by Karel Lannoo considers the European Commission’s draft rules on hedge funds and asks: if the rules are in line with the recent policy consensus on regulation in this area, should we wonder if the finance industry has something to hide in its resistance to them?
Array
(
[nid] => 1683
[type] => book
[language] => en
[uid] => 1
[status] => 1
[created] => 1251300389
[changed] => 1281049323
[comment] => 0
[promote] => 0
[moderate] => 0
[sticky] => 0
[tnid] => 0
[translate] => 0
[vid] => 1683
[revision_uid] => 0
[title] => Bringing hedge funds into the regulatory mainstream
[body] =>
[log] =>
[revision_timestamp] => 1281049323
[format] => 1
[name] => admin
[picture] =>
[data] => a:10:{s:13:"form_build_id";s:37:"form-323e194c5308300252f564e5adab3a05";s:8:"new_role";i:0;s:12:"new_role_add";s:1:"3";s:16:"new_role_add_qty";s:0:"";s:24:"new_role_add_granularity";s:3:"day";s:24:"xmlsitemap_user_priority";s:2:"-2";s:8:"file_add";a:0:{}s:5:"block";a:1:{s:5:"block";a:1:{i:4;i:1;}}s:5:"piwik";a:1:{s:16:"piwik_token_auth";s:5:"admin";}s:17:"mimemail_textonly";i:0;}
[model] => PDF
[view] => PDF file ) [1] => Array ( [value] => [format] => [safe] => [view] => ) [2] => Array ( [value] => [format] => [safe] => [view] => ) ) [print_display] => 1 [print_display_comment] => 0 [print_display_urllist] => 1 [signup] => 0 [tags] => Array ( ) [uc_order_product_id] => [0] => [taxonomy] => Array ( [taxonomy_term_5] => Array ( [title] => Financial Markets [href] => taxonomy/term/5 [attributes] => Array ( [rel] => tag [title] => ) ) [taxonomy_term_112] => Array ( [title] => ECMI Commentaries [href] => catalog/112 [attributes] => Array ( [rel] => tag [title] => ECMI Commentaries provide short comments on ongoing developments affecting capital markets in Europe. ECMI researchers as well as external experts contribute to the series. ) ) ) [files] => Array ( [1825] => stdClass Object ( [fid] => 1825 [uid] => 1 [filename] => 1861.pdf [filepath] => files/book/1861.pdf [filemime] => application/pdf [filesize] => 41660 [status] => 1 [timestamp] => 2009-09-03 16:56:38 [nid] => 1683 [vid] => 1683 [description] => 1861.pdf [list] => 1 [weight] => 0 ) ) [flatrate] => Array ( ) [shipping_type] => small_package [shipping_address] => stdClass Object ( [first_name] => [last_name] => [company] => CEPS [phone] => +32 2 2293951 [street1] => place du Congres 1 [street2] => [city] => Brussels [zone] => 94 [postal_code] => 1000 [country] => 56 ) [usps] => Array ( [vid] => 1683 [nid] => 1683 [container] => RECTANGULAR ) [weightquote] => Array ( ) [build_mode] => 0 [readmore] => 1 [content] =>
[attributes] => Array
(
)
[links] =>
[template_files] => Array
(
[0] => node-product
[1] => node-book
)
[node] => stdClass Object
(
[nid] => 1683
[type] => book
[language] => en
[uid] => 1
[status] => 1
[created] => 1251300389
[changed] => 1281049323
[comment] => 0
[promote] => 0
[moderate] => 0
[sticky] => 0
[tnid] => 0
[translate] => 0
[vid] => 1683
[revision_uid] => 0
[title] => Bringing hedge funds into the regulatory mainstream
[body] =>
[log] =>
[revision_timestamp] => 1281049323
[format] => 1
[name] => admin
[picture] =>
[data] => a:10:{s:13:"form_build_id";s:37:"form-323e194c5308300252f564e5adab3a05";s:8:"new_role";i:0;s:12:"new_role_add";s:1:"3";s:16:"new_role_add_qty";s:0:"";s:24:"new_role_add_granularity";s:3:"day";s:24:"xmlsitemap_user_priority";s:2:"-2";s:8:"file_add";a:0:{}s:5:"block";a:1:{s:5:"block";a:1:{i:4;i:1;}}s:5:"piwik";a:1:{s:16:"piwik_token_auth";s:5:"admin";}s:17:"mimemail_textonly";i:0;}
[model] => PDF
[view] => PDF file ) [1] => Array ( [value] => [format] => [safe] => [view] => ) [2] => Array ( [value] => [format] => [safe] => [view] => ) ) [print_display] => 1 [print_display_comment] => 0 [print_display_urllist] => 1 [signup] => 0 [tags] => Array ( ) [uc_order_product_id] => [0] => [taxonomy] => Array ( [5] => stdClass Object ( [tid] => 5 [vid] => 3 [name] => Financial Markets [description] => [weight] => 6 ) [112] => stdClass Object ( [tid] => 112 [vid] => 4 [name] => ECMI Commentaries [description] => ECMI Commentaries provide short comments on ongoing developments affecting capital markets in Europe. ECMI researchers as well as external experts contribute to the series. [weight] => 0 ) ) [files] => Array ( [1825] => stdClass Object ( [fid] => 1825 [uid] => 1 [filename] => 1861.pdf [filepath] => files/book/1861.pdf [filemime] => application/pdf [filesize] => 41660 [status] => 1 [timestamp] => 2009-09-03 16:56:38 [nid] => 1683 [vid] => 1683 [description] => 1861.pdf [list] => 1 [weight] => 0 ) ) [flatrate] => Array ( ) [shipping_type] => small_package [shipping_address] => stdClass Object ( [first_name] => [last_name] => [company] => CEPS [phone] => +32 2 2293951 [street1] => place du Congres 1 [street2] => [city] => Brussels [zone] => 94 [postal_code] => 1000 [country] => 56 ) [usps] => Array ( [vid] => 1683 [nid] => 1683 [container] => RECTANGULAR ) [weightquote] => Array ( ) [build_mode] => 0 [readmore] => 1 [content] => Array ( [print_links] => Array ( [#weight] => -101 [#suffix] => [#value] => [#prefix] => [#title] => [#description] => [#printed] => 1 ) [display_price] => Array ( [#weight] => -10 [#access] => 1 [#value] =>
[#printed] => 1
)
[field_book_publication_date] => Array
(
[#type_name] => book
[#context] => full
[#field_name] => field_book_publication_date
[#post_render] => Array
(
[0] => content_field_wrapper_post_render
)
[#weight] => -1
[field] => Array
(
[#description] =>
[items] => Array
(
[0] => Array
(
[#formatter] => default
[#node] => stdClass Object
*RECURSION*
[#type_name] => book
[#field_name] => field_book_publication_date
[#weight] => 0
[#theme] => date_formatter_default
[#item] => Array
(
[value] => 2009-06-23T00:00:00
[timezone] => Europe/Brussels
[timezone_db] => Europe/Brussels
[date_type] => date
[#delta] => 0
)
[#title] =>
[#description] =>
[#theme_used] => 1
[#printed] => 1
[#type] =>
[#value] =>
[#prefix] =>
[#suffix] =>
[#children] => 23 June 2009
)
[#title] =>
[#description] =>
[#children] => 23 June 2009
[#printed] => 1
)
[#single] => 1
[#attributes] => Array
(
)
[#required] =>
[#parents] => Array
(
)
[#tree] =>
[#context] => full
[#page] => 1
[#field_name] => field_book_publication_date
[#title] => Date of publication
[#access] => 1
[#label_display] => inline
[#teaser] =>
[#node] => stdClass Object
*RECURSION*
[#type] => content_field
[#children] => 23 June 2009
[#printed] => 1
)
[#title] =>
[#description] =>
[#children] =>
[#printed] => 1
)
[model] => Array
(
[#value] => PDF
[#delta] => 0 ) [#title] => [#description] => [#theme_used] => 1 [#printed] => 1 [#type] => [#value] => [#prefix] => [#suffix] => [#children] => PDF file ) [1] => Array ( [#formatter] => default [#node] => stdClass Object *RECURSION* [#type_name] => book [#field_name] => field_type [#weight] => 1 [#theme] => text_formatter_default [#item] => Array ( [value] => [format] => [safe] => [#delta] => 1 ) [#title] => [#description] => [#theme_used] => 1 [#printed] => 1 [#type] => [#value] => [#prefix] => [#suffix] => ) [2] => Array ( [#formatter] => default [#node] => stdClass Object *RECURSION* [#type_name] => book [#field_name] => field_type [#weight] => 2 [#theme] => text_formatter_default [#item] => Array ( [value] => [format] => [safe] => [#delta] => 2 ) [#title] => [#description] => [#theme_used] => 1 [#printed] => 1 [#type] => [#value] => [#prefix] => [#suffix] => ) [#title] => [#description] => [#children] => PDF file [#printed] => 1 ) [#single] => 1 [#attributes] => Array ( ) [#required] => [#parents] => Array ( ) [#tree] => [#context] => full [#page] => 1 [#field_name] => field_type [#title] => type [#access] => 1 [#label_display] => inline [#teaser] => [#node] => stdClass Object *RECURSION* [#type] => content_field [#children] => PDF file [#printed] => 1 ) [#title] => [#description] => [#children] =>
[#printed] => 1
)
[list_price] => Array
(
[#value] =>
[#printed] => 1
)
[field_book_pages] => Array
(
[#type_name] => book
[#context] => full
[#field_name] => field_book_pages
[#post_render] => Array
(
[0] => content_field_wrapper_post_render
)
[#weight] => 4
[field] => Array
(
[#description] =>
[items] => Array
(
[0] => Array
(
[#formatter] => default
[#node] => stdClass Object
*RECURSION*
[#type_name] => book
[#field_name] => field_book_pages
[#weight] => 0
[#theme] => number_formatter_default
[#item] => Array
(
[value] => 2
[#delta] => 0
)
[#title] =>
[#description] =>
[#theme_used] => 1
[#printed] => 1
[#type] =>
[#value] =>
[#prefix] =>
[#suffix] =>
[#children] => 2
)
[#title] =>
[#description] =>
[#children] => 2
[#printed] => 1
)
[#single] => 1
[#attributes] => Array
(
)
[#required] =>
[#parents] => Array
(
)
[#tree] =>
[#context] => full
[#page] => 1
[#field_name] => field_book_pages
[#title] => Pages
[#access] => 1
[#label_display] => inline
[#teaser] =>
[#node] => stdClass Object
*RECURSION*
[#type] => content_field
[#children] => 2
[#printed] => 1
)
[#title] =>
[#description] =>
[#children] =>
[#printed] => 1
)
[sell_price] => Array
(
[#value] =>
[#title] =>
[#description] =>
[#printed] => 1
)
[dimensions] => Array
(
[#value] =>
[#title] =>
[#description] =>
[#printed] => 1
)
[body] => Array
(
[#weight] => 10
[#value] =>
[#title] =>
[#description] =>
[#printed] => 1
)
[#title] =>
[#description] =>
[#children] =>
[#printed] => 1
)
[attributes] => Array
(
)
[links] => Array
(
[print_html] => Array
(
[href] => print/1683
[title] => Print this page
[attributes] => Array
(
[title] => Display a printer-friendly version of this page.
[class] => print-page
[rel] => nofollow
)
[html] =>
[query] =>
)
)
)
[teaser] =>
[page] => 1
[zebra] => odd
[id] => 1
[directory] => sites/all/themes/ceps
[is_admin] =>
[is_front] =>
[logged_in] =>
[db_is_active] => 1
[user] => stdClass Object
(
[uid] => 0
[hostname] => 38.107.191.90
[roles] => Array
(
[1] => anonymous user
)
[session] => uc_referer_uri|s:28:"http://www.ceps.eu/node/1619";
[cache] => 0
)
[date] => 26 August 2009
[node_url] => /book/bringing-hedge-funds-regulatory-mainstream
[terms] =>
[submitted] =>
[field_book_short_title_rendered] =>
[field_book_author_rendered] =>
[field_book_publication_date_rendered] =>
[field_type_rendered] =>
[field_book_number_rendered] =>
[field_book_pages_rendered] =>
[unpublished] =>
[classes] => node node-type-book
[authors] => By Karel Lannoo
)
€ 0.00
CEPS Authors:
Karel Lannoo
Date of publication:
23 June 2009
type:
PDF file
Number:
24
Pages:
2 | Attachment | Size | Hits | Last download |
|---|---|---|---|
| 1861.pdf | 40.68 KB | 397 | 4 days 8 hours ago |
The global financial crisis has put an end to the cosy environment in which the financial industry had operated up to now. In keeping with their G-20 commitment, the European Commission has published draft rules for hedge funds, which bring all non-harmonised funds under the EU’s regulatory umbrella, largely reproducing the rules of existing directives, and adding some new elements in response to the crisis.
This European Capital Markets Institute (ECMI) Commentary by Karel Lannoo considers the European Commission’s draft rules on hedge funds and asks: if the rules are in line with the recent policy consensus on regulation in this area, should we wonder if the finance industry has something to hide in its resistance to them?
-en-1683
[list_price] => 0.00000 [cost] => 0.00000 [sell_price] => 0.00000 [weight] => 300 [weight_units] => g [length] => 0 [width] => 0 [height] => 0 [length_units] => cm [pkg_qty] => 1 [default_qty] => 1 [unique_hash] => 6503d4047b2c2114c378e2a4640852e8 [ordering] => 0 [shippable] => 1 [path] => book/bringing-hedge-funds-regulatory-mainstream [field_book_isbn] => Array ( [0] => Array ( [value] => [safe] => ) ) [field_book_number] => Array ( [0] => Array ( [value] => 24 [safe] => 24 [view] => 24 ) ) [field_book_short_title] => Array ( [0] => Array ( [value] => [safe] => [view] => ) ) [field_book_author_external] => Array ( [0] => Array ( [value] => [safe] => ) ) [field_book_old_path] => Array ( [0] => Array ( [value] => 1861 [safe] => 1861 ) ) [field_book_pages] => Array ( [0] => Array ( [value] => 2 [view] => 2 ) ) [field_book_publication_date] => Array ( [0] => Array ( [value] => 2009-06-23T00:00:00 [timezone] => Europe/Brussels [timezone_db] => Europe/Brussels [date_type] => date [view] => 23 June 2009 ) ) [field_book_author] => Array ( [0] => Array ( [nid] => 295 [safe] => Array ( [nid] => 295 [title] => Karel Lannoo [status] => 1 ) [view] => Karel Lannoo ) ) [field_image_cache] => Array ( [0] => ) [field_type] => Array ( [0] => Array ( [value] => PDF [format] => [safe] =>
Date of publication:
23 June 2009
Pages:
2 The global financial crisis has put an end to the cosy environment in which the financial industry had operated up to now. In keeping with their G-20 commitment, the European Commission has published draft rules for hedge funds, which bring all non-harmonised funds under the EU’s regulatory umbrella, largely reproducing the rules of existing directives, and adding some new elements in response to the crisis.
This European Capital Markets Institute (ECMI) Commentary by Karel Lannoo considers the European Commission’s draft rules on hedge funds and asks: if the rules are in line with the recent policy consensus on regulation in this area, should we wonder if the finance industry has something to hide in its resistance to them?
€ 0.00
CEPS Authors:
Karel Lannoo
Date of publication:
23 June 2009
type:
PDF file
Number:
24
Pages:
2 | Attachment | Size | Hits | Last download |
|---|---|---|---|
| 1861.pdf | 40.68 KB | 397 | 4 days 8 hours ago |
The global financial crisis has put an end to the cosy environment in which the financial industry had operated up to now. In keeping with their G-20 commitment, the European Commission has published draft rules for hedge funds, which bring all non-harmonised funds under the EU’s regulatory umbrella, largely reproducing the rules of existing directives, and adding some new elements in response to the crisis.
This European Capital Markets Institute (ECMI) Commentary by Karel Lannoo considers the European Commission’s draft rules on hedge funds and asks: if the rules are in line with the recent policy consensus on regulation in this area, should we wonder if the finance industry has something to hide in its resistance to them?
-en-1683
[list_price] => 0.00000 [cost] => 0.00000 [sell_price] => 0.00000 [weight] => 300 [weight_units] => g [length] => 0 [width] => 0 [height] => 0 [length_units] => cm [pkg_qty] => 1 [default_qty] => 1 [unique_hash] => 6503d4047b2c2114c378e2a4640852e8 [ordering] => 0 [shippable] => 1 [path] => book/bringing-hedge-funds-regulatory-mainstream [field_book_isbn] => Array ( [0] => Array ( [value] => [safe] => ) ) [field_book_number] => Array ( [0] => Array ( [value] => 24 [safe] => 24 [view] => 24 ) ) [field_book_short_title] => Array ( [0] => Array ( [value] => [safe] => [view] => ) ) [field_book_author_external] => Array ( [0] => Array ( [value] => [safe] => ) ) [field_book_old_path] => Array ( [0] => Array ( [value] => 1861 [safe] => 1861 ) ) [field_book_pages] => Array ( [0] => Array ( [value] => 2 [view] => 2 ) ) [field_book_publication_date] => Array ( [0] => Array ( [value] => 2009-06-23T00:00:00 [timezone] => Europe/Brussels [timezone_db] => Europe/Brussels [date_type] => date [view] => 23 June 2009 ) ) [field_book_author] => Array ( [0] => Array ( [nid] => 295 [safe] => Array ( [nid] => 295 [title] => Karel Lannoo [status] => 1 ) [view] => Karel Lannoo ) ) [field_image_cache] => Array ( [0] => ) [field_type] => Array ( [0] => Array ( [value] => PDF [format] => [safe] =>€ 0.00
[#title] =>
[#description] =>
[#printed] => 1
)
[field_book_short_title] => Array
(
[#type_name] => book
[#context] => full
[#field_name] => field_book_short_title
[#post_render] => Array
(
[0] => content_field_wrapper_post_render
)
[#weight] => -4
[field] => Array
(
[#description] =>
[items] => Array
(
[0] => Array
(
[#formatter] => default
[#node] => stdClass Object
*RECURSION*
[#type_name] => book
[#field_name] => field_book_short_title
[#weight] => 0
[#theme] => text_formatter_default
[#item] => Array
(
[value] =>
[safe] =>
[#delta] => 0
)
[#title] =>
[#description] =>
[#theme_used] => 1
[#printed] => 1
[#type] =>
[#value] =>
[#prefix] =>
[#suffix] =>
)
[#title] =>
[#description] =>
[#printed] => 1
)
[#single] => 1
[#attributes] => Array
(
)
[#required] =>
[#parents] => Array
(
)
[#tree] =>
[#context] => full
[#page] => 1
[#field_name] => field_book_short_title
[#title] => Short title
[#access] => 1
[#label_display] => inline
[#teaser] =>
[#node] => stdClass Object
*RECURSION*
[#type] => content_field
[#printed] => 1
)
[#title] =>
[#description] =>
[#printed] => 1
)
[field_book_author] => Array
(
[#type_name] => book
[#context] => full
[#field_name] => field_book_author
[#post_render] => Array
(
[0] => content_field_wrapper_post_render
)
[#weight] => -3
[field] => Array
(
[#description] =>
[items] => Array
(
[0] => Array
(
[#formatter] => default
[#node] => stdClass Object
*RECURSION*
[#type_name] => book
[#field_name] => field_book_author
[#weight] => 0
[#theme] => nodereference_formatter_default
[#item] => Array
(
[nid] => 295
[safe] => Array
(
[nid] => 295
[title] => Karel Lannoo
[status] => 1
)
[#delta] => 0
)
[#title] =>
[#description] =>
[#theme_used] => 1
[#printed] => 1
[#type] =>
[#value] =>
[#prefix] =>
[#suffix] =>
[#children] => Karel Lannoo
)
[#title] =>
[#description] =>
[#children] => Karel Lannoo
[#printed] => 1
)
[#single] => 1
[#attributes] => Array
(
)
[#required] =>
[#parents] => Array
(
)
[#tree] =>
[#context] => full
[#page] => 1
[#field_name] => field_book_author
[#title] => CEPS Authors
[#access] => 1
[#label_display] => inline
[#teaser] =>
[#node] => stdClass Object
*RECURSION*
[#type] => content_field
[#children] => Karel Lannoo
[#printed] => 1
)
[#title] =>
[#description] =>
[#children] =>
CEPS Authors:
Karel Lannoo
Date of publication:
23 June 2009 SKU: <p>-en-1683</p>
[#access] => 0
[#weight] => 0
)
[#pre_render] => Array
(
[0] => content_alter_extra_weights
)
[#content_extra_fields] => Array
(
[title] => Array
(
[label] => Title
[description] => Node module form.
[weight] => -5
)
[body_field] => Array
(
[label] => Description
[description] => Node module form.
[weight] => 9
)
[revision_information] => Array
(
[label] => Revision information
[description] => Node module form.
[weight] => 19
)
[author] => Array
(
[label] => Authoring information
[description] => Node module form.
[weight] => 20
)
[options] => Array
(
[label] => Publishing options
[description] => Node module form.
[weight] => 25
)
[comment_settings] => Array
(
[label] => Comment settings
[description] => Comment module form.
[weight] => 20
)
[menu] => Array
(
[label] => Menu settings
[description] => Menu module form.
[weight] => 18
)
[taxonomy] => Array
(
[label] => Taxonomy
[description] => Taxonomy module form.
[weight] => 5
)
[path] => Array
(
[label] => Path settings
[description] => Path module form.
[weight] => 21
)
[attachments] => Array
(
[label] => File attachments
[description] => Upload module form.
[weight] => 6
[view] => files
)
[print] => Array
(
[label] => Printer, e-mail and PDF versions
[description] => Print module form.
[weight] => 17
)
[shipping] => Array
(
[label] => Shipping
[description] => Shipping settings form.
[weight] => 8
)
[base] => Array
(
[label] => Product information
[description] => Product module form.
[weight] => 7
)
[body] => Array
(
[label] => Description
[description] => Node description. (View tab)
[weight] => 10
)
)
[field_type] => Array
(
[#type_name] => book
[#context] => full
[#field_name] => field_type
[#post_render] => Array
(
[0] => content_field_wrapper_post_render
)
[#weight] => 2
[field] => Array
(
[#description] =>
[items] => Array
(
[0] => Array
(
[#formatter] => default
[#node] => stdClass Object
*RECURSION*
[#type_name] => book
[#field_name] => field_type
[#weight] => 0
[#theme] => text_formatter_default
[#item] => Array
(
[value] => PDF
[format] =>
[safe] =>
type:
PDF file List Price: € 0.00
[#access] => 0
[#weight] => 2
)
[cost] => Array
(
[#value] => Cost: € 0.00
[#access] =>
[#weight] => 3
)
[field_book_number] => Array
(
[#type_name] => book
[#context] => full
[#field_name] => field_book_number
[#post_render] => Array
(
[0] => content_field_wrapper_post_render
)
[#weight] => 3
[field] => Array
(
[#description] =>
[items] => Array
(
[0] => Array
(
[#formatter] => default
[#node] => stdClass Object
*RECURSION*
[#type_name] => book
[#field_name] => field_book_number
[#weight] => 0
[#theme] => text_formatter_default
[#item] => Array
(
[value] => 24
[safe] => 24
[#delta] => 0
)
[#title] =>
[#description] =>
[#theme_used] => 1
[#printed] => 1
[#type] =>
[#value] =>
[#prefix] =>
[#suffix] =>
[#children] => 24
)
[#title] =>
[#description] =>
[#children] => 24
[#printed] => 1
)
[#single] => 1
[#attributes] => Array
(
)
[#required] =>
[#parents] => Array
(
)
[#tree] =>
[#context] => full
[#page] => 1
[#field_name] => field_book_number
[#title] => Number
[#access] => 1
[#label_display] => inline
[#teaser] =>
[#node] => stdClass Object
*RECURSION*
[#type] => content_field
[#children] => 24
[#printed] => 1
)
[#title] =>
[#description] =>
[#children] =>
Number:
24
Pages:
2 Price: € 0.00
[#access] => 0
[#weight] => 4
)
[weight] => Array
(
[#value] => Weight: 300 g
[#access] => 0
[#weight] => 5
)
[files] => Array
(
[#weight] => 6
[#value] => | Attachment | Size |
|---|---|
| 1861.pdf | 40.68 KB |
Dimensions: 0 cm × 0 cm × 0 cm
[#access] => 0
[#weight] => 6
)
[add_to_cart] => Array
(
[#weight] => 10
[#access] => 1
[#value] => The global financial crisis has put an end to the cosy environment in which the financial industry had operated up to now. In keeping with their G-20 commitment, the European Commission has published draft rules for hedge funds, which bring all non-harmonised funds under the EU’s regulatory umbrella, largely reproducing the rules of existing directives, and adding some new elements in response to the crisis.
This European Capital Markets Institute (ECMI) Commentary by Karel Lannoo considers the European Commission’s draft rules on hedge funds and asks: if the rules are in line with the recent policy consensus on regulation in this area, should we wonder if the finance industry has something to hide in its resistance to them?
€ 0.00
CEPS Authors:
Karel Lannoo
Date of publication:
23 June 2009
type:
PDF file
Number:
24
Pages:
2 | Attachment | Size |
|---|---|
| 1861.pdf | 40.68 KB |
The global financial crisis has put an end to the cosy environment in which the financial industry had operated up to now. In keeping with their G-20 commitment, the European Commission has published draft rules for hedge funds, which bring all non-harmonised funds under the EU’s regulatory umbrella, largely reproducing the rules of existing directives, and adding some new elements in response to the crisis.
This European Capital Markets Institute (ECMI) Commentary by Karel Lannoo considers the European Commission’s draft rules on hedge funds and asks: if the rules are in line with the recent policy consensus on regulation in this area, should we wonder if the finance industry has something to hide in its resistance to them?
CEPS Authors:
Karel Lannoo
Date of publication:
23 June 2009
type:
PDF file
Number:
24
Pages:
2 Related Publications
- Lending to Households in Europe (1995-2009): ECRI Statistical Package 2010
- Consumer Credit in Europe (1995-2009): ECRI Statistical Package 2010
- The bank stress tests: a work in progress
- Europe 2020 and the Financial System: Smaller is beautiful
- The role of politicians in inciting financial markets to attack the eurozone
- Do we need a resolution fund paid for by financial institutions?
- When financial markets force too much austerity
- The MiFID Metamorphosis
- The Future of Retail Banking in Europe: Competition and regulatory challenges
- Regulatory Challenges for the EU Asset Management Industry
Editor's choice
-
Financial Markets
-
Politics and Institutions
-
Justice and Home Affairs
-
Economic Policy
-
EU Neighbourhood Policy
-
Economic Policy