Meister calls for stiff shareholding disclosure

Cutting the threshold at which investors must declare that they have corporate shareholdings would help shed light on hedge fund activities, Bundesbank Board member Edgar Meister said.

The threshold for required reporting could be lowered internationally, Meister told Bloomberg Television in an interview.

"We should cut it. We should try to go to the lowest level possible," said Meister, who also heads the European Central Bank's Banking Supervision Committee.

Bundesbank's Meister said tighter s

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