French-UK stand-off stalls hedge fund deal

A stand-off between France and the UK has dashed hopes that an agreement on European rules for hedge funds and private equity funds could be reached on the 14 October 2010, forcing diplomats to suspend a final negotiating session.

ESO: Background information: Signs of French shift on EU hedge funds http://www.europeansources.info/record/signs-of-french-shift-on-eu-hedge-funds/

EurActiv, 14.10.10: EU diplomats mull compromise in hedge funds deadlock http://www.euractiv.com/en/financial-services/eu-diplomats-mull-compromise-hedge-funds-deadlock-news-498782

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