The House of Lords European Union Committee will next week publish its report on the European Commission's Directive on Alternative Investment Fund Managers.
The Directive proposes an EU-wide range of new regulations for Alternative Investment Fund Managers including the managers of hedge funds and private equity funds. The Commission aim to both increase the stability of the European financial system and facilitate the single market in Alternative Investment Funds.
The Committee have considered the proposals and will report on its likely effects on the international competitiveness of the European financial services industry and in particular the City of London. They will make a range of recommendations of how the proposals could be improved.
