Monday, March 9, 2009

European Private Equity and Venture Capital Industry Group Responds To Increased Regulatory Scrutiny

The European Venture Capital Association has submitted a formal response to concerns by the European Parliament and European Commission regarding the private equity/venture capital industry in Europe. The new professional standards proposed by the EVCA, based on a self-regulatory regime, protect the important role the industry plays in providing financing to a wide range of European companies while ensuring a higher degree of oversight.