Europe's New Venture Capital Rules Draw Mixed Reviews

Law360, New York (May 31, 2012, 8:33 PM EDT) -- In an attempt to beef up Europe's undernourished €5 billion ($6 billion) venture capital market, European Parliament members signed off Thursday on a controversial set of amended draft laws intended to improve startup access to venture capital funding while simultaneously raising transparency standards.

The venture capital regulations, which cleared Parliament's Economic and Monetary Affairs Committee by a wide margin, would cut away red tape currently hampering small- and mid-sized businesses' efforts to hook up with venture capital investors. But provisions that were added to discourage speculation...
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