PES

pes

transparency

29/04/2009

Draft directive has more holes than Swiss cheese

Commenting on the draft Directive on Alternative Investment Fund Managers, PES President Poul Nyrup Rasmussen said “This directive has more holes than a Swiss cheese.” Rasmussen said “Commission President Barroso has broken his promise to the

21/04/2009

PES warns Barroso on regulation of hedge funds and private equity

In a strongly worded letter to European Commission President Barroso, leading European Socialists warn “it would be a major political mistake” for the European Commission to adopt the current draft proposal for a directive on alternative

08/04/2009

Draft directive on alternative investment fund managers "full of loopholes"

After months of telling the world that it was important treat hedge funds and private equity separately, European Commissioner McCreevy has presented a proposal for a directive to his fellow Commissioners on "Alternative Investment Fund

14/01/2009

Socialists demand clarification on regulation of private equity

Three leading Socialists have written to Commission President Barroso demanding clarification “on how the Commission proposes to proceed with its commitment to ensure appropriate regulation for private equity.”Poul Nyrup Rasmussen, President of

21/10/2008

Sarkozy overrules McCreevy on new regulations to cover hedge funds and private equity

21 October 2008 President Nicolas Sarkozy today promised PES President Poul Nyrup Rasmussen, in a debate in the European Parliament, that he would ensure that all financial players would be covered by new EU regulation – as proposed in the

20/10/2008

Taxpayers deserve end to tax avoidance by finance industry

20 October 2008 PES President Poul Nyrup Rasmussen today called on the OECD to encourage governments who have invested taxpayers’ money in financial market rescue to lead an international effort to crack down on tax avoidance by financial

10/09/2008

Step forward for better regulation of financial markets

10 September 2008 The European Parliament’s Economic and Monetary Committee today passed a resolution calling on the European Commission to make legislative proposals covering “all relevant actors and financial market participants, including