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Where MPs Stand

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REGULATION OF HEDGE FUNDS

Early day motion 1835, tabled 8 July 2009 by Bob Spink (Independent). Signed by 8 members.

That this House expresses concern at the European Commission's proposed regulation of hedge funds; notes that the draft directive will restrict non-EU funds which could provoke a transatlantic regulatory war; and urges the Government to intervene on behalf of the UK's financial sector and maintain London's position as a global financial centre and not solely a European financial centre.

Signatures by party: Labour 3, Conservative 2, Liberal Democrat 2, Independent 1.