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Western EuropeJanuary 8 2007

UK watchdog sinks teeth into private equity

Next in the regulatory sights of the UK Financial Services Authority is the private equity market. It will almost inevitably lead to a tightening of the rules, writes Michael Imeson.
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What is it?

The UK authorities are poking their noses into the intricate workings of the private equity market. They are worried that it has been growing too fast and that if the bubble bursts, it could wreak havoc in the wholesale financial markets.

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