EU fund proposals will help finance growth

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New proposals relating to marketing rules on venture capital funds as well as new regulations allowing the managers of social investment funds to market them across Europe will help finance European growth.

The latest proposals from the European Commission to further the single market on investment management has been welcomed by the EFAMA - the representative association for the European investment management industry. The two proposals cover two specific fields: venture capital and social entrepreneurship. Attention has focussed on the problems SMEs are experiencing in accessing loans given the current debt crisis which has prompted the Commission to propose this regulation to set uniform rules for the marketing of venture capital funds. Venture capital is a valued alternative source of f...

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