New story from Mondaq published by Mortimer Goth November 24, 2009

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European Union: Proposed New Restrictions On The Remuneration Of EU Fund Managers

On 12 November, Sweden which currently holds the presidency of the European Union, put forward a compromise draft of the controversial Alternative Investment Fund Managers Directive which is intended to regulate European private equity and hedge fund managers. The revised draft contains Sweden's proposed amendments to the directive and aims to address the criticisms made of the draft directive since it was published in April. More: http://tinyurl.com/compensation206