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EU hedge-fund rules will lead to IFSC exodus, Dail warned

Independent – A new EU directive aimed at tightening up the regulation of hedge funds could be counter-productive and cause a mass exodus of business from the International Financial Services Centre, a...

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U.S. pay czar says he can “claw back” exec compensation

Reuters – Kenneth Feinberg, the Obama administration’s pay czar, said on Sunday he has broad and "binding" authority over executive compensation, including the ability to "claw back" money already...

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