Swiss petition against Brussels investment curbs

26th April 2010, Comments 0 comments

A group of smaller and medium-sized SME Swiss businesses join a new Europe-wide petition against a European Union directive on investment managers. The protest says new regulations will restrict access to private equity and venture capital, which the SMEs say provide crucial finance for the development of businesses. The directive creates an unlevel playing field, damaging smaller venture-funded companies, says a petition letter.

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