Saturday, April 21, 2007

Private equity joins hedge funds on EU risk radar

(Reuters) - European Union finance ministers may target private equity funds as well as hedge funds in their drive to tighten regulations to shore up the financial system against financial crises, a document showed on Saturday.

"There is a need for great vigilance in enforcing existing provisions on market abuse in order to sustain market integrity and confidence in (the) private equity business," the document, discussed by ministers at meetings in Berlin, said.


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