Meister sees need for hedge funds code of conduct

Bundesbank board member Edgar Meister told the Financial Times in an interview that hedge funds should introduce a code of conduct to make the industry more transparent.

In the interview with the Financial Times, Meister said: 'We can't just wait until a market crisis happens. The risk is growing that a crisis is coming.'

'We have spent a lot of time talking about regulation. But there is no international agreement on regulating hedge funds. So we have to move towards market solutions,' Meister

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