European Union legislation on OTC Derivatives will lead to serious property and debt market instability, the European Property Federation has warned. In its input to European Parliament Rapporteur Werner Langen on the European Commission's proposed Regulation on OTC Derivatives, EPF pointed out that specific and precise modifications and clarifications are needed if the Alternative Investment Fund Managers Directive (AIFMD) is used to set the distinction between financial and non-financial businesses.
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