Meps Warned Against Directive Which Will 'Strangle Investment'

The ScotsmanMay 10, 2010

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Summary


BUSINESS leaders will today urge MEPs to vote against parts of a new European Commission directive which the CBI claims will force firms to disclose commercial secrets.

Critics believe that the alternative investment fund managers (AIFM) directive, which was published last month, will discourage investment by private equity companies.

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Extract


Meps Warned Against Directive Which Will 'Strangle Investment'

The directive would increase costs and bureaucracy and would change the relationship between employees and firms tha...

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