Overview

This briefing from UK law firm Eversheds contains details on the Alternative Investment Fund Managers Directive, which was proposed in haste in the wake of the credit crunch and has proved one of the most political, and controversial, directives of recent times - but was finally approved by the European Commission and the European Parliament this month,

It also looks at a recent announcement by Margaret Cole, director of the Enforcement and Financial Crime Division of the FSA, who informed staff that criminal powers to investigate and prosecute for market abuse in the form of insider dealing will be retained within the FSA and its successor, the Consumer Protection and Markets Authority – a victory for the organisations.

To read on click, ‘View Briefing’.