Bureaucracy in the member states again the obstacle for long due strong European Hedge Funds

It has been a rough week for the European hedge funds industry. The deadline (22/07/2014) for the implementation date of the Alternative Investment Fund Managers Directive (AIFMD) has well passed and many fund managers ran to apply at the very last moment. Now it is time for the national authorities to review the applications and report whether they […]

Trying to cure bank cancer with analgesics

Last week the European Central Bank issued a press release welcoming the EU Commission’s initiative to regulate the banking industry’s setting of benchmark interest rates, like the Euribor. Interbank interest rate benchmarks are systemic and vital to the entire financial system. Any failures may cause losses for investors, distort the real economy and undermine market […]