Draft EU directive on Fund Managers

[Directional]

Anyone got any thoughts on these proposed new regulations on fund managers? According to the Times, some enormous funds are looking jump ship and leave London for Switzerland already: City hedge fund exodus begins - Times Online

I hadnt heard anything about this directive, so I looked it up - there is an FAQ style overview of the proposals here: EUROPA - Press Releases - Directive on Alternative Investment Fund Managers (AIFMs) : Frequently Asked Questions

I cant, at first glance, see anything particularly onerous compared with what the FSA already require of firms. Am i missing something?

 

[firewalker99]

I cant, at first glance, see anything particularly onerous compared with what the FSA already require of firms. Am i missing something?

Why do you ask? Scared of missing something?