Eu Directive Could Force Wales to Waste Millions On 'Bureaucracy' ; Mep Says Draft Plan Would Cut Down Investment Funds

Summary

---

FINANCE WALES would be forced to waste millions of pounds on unnecessary bureaucracy if a draft European Directive goes ahead in its current form, according to Welsh Conservative MEP Kay Swinburne.

As things stand, the Assembly Government's investment arm is covered by the proposal to increase the regulation of hedge funds and venture capital.

See the full content of this document

Extract

---

Eu Directive Could Force Wales to Waste Millions On 'Bureaucracy' ; Mep Says Draft Plan Would Cut Down Investment Funds

Dr Swinburne, a former highflying banker who in June was elected to represent Wales in the European Parliament, said she had taken the issue up with EU officials and was p...

See the full content of this document

---