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Faculty urges EU to extend VC passport
Corporate Finance Faculty calls on EU to extend proposed VC regime.
The Corporate Finance Faculty has called on the European Commission to extend its proposed stand-alone venture capital regime to other types of early-stage investors, including business angels, angel syndicates and corporate venture specialists.
In its response to the Commission’s recent working paper A New European Regime for Venture Capital, published in June 2011, the faculty broadly welcomed the proposed voluntary passport for cross-border VC investors. But the faculty argued that no additional regulation should be imposed on venture capital fundraising and investment, because this poses no systemic risks.