FEFSI queries capital control mechanisms

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EUROPE - There is limited justification for capital requirements on investment fund management, according to a study published by the Fédération Européenne des Fonds et Sociétés d'Investissement (FEFSI).

As the third and final consultative document on the new Basel Capital Accord, known as Basel II, has been published, the US has taken a decision to apply Basel II to only a few big international ba...

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