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Pension Firms Accuse EU Regulator of Over-Reaching Authority
The Wall Street Journal; subscription may be required
Oct. 24, 2014
"Europe's pensions industry has accused its European Union regulator of overreaching its authority by pursuing plans to develop what pension funds say amounts to a new and onerous capital regime that could hurt their investing decisions.... The rules would force funds to use European instead of national standards in calculating the value of their assets and liabilities, allowing for comparison of the state of pension funds in different countries."
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