The Alternative Investment Management Association
Alternative Investment Management Association
17 May 2011
“AIMA welcomes the European Council’s decision to refrain from banning the use of uncovered sovereign CDS. The Council’s stance bears out the fact that such a ban could push up government borrowing costs and it is also worth noting that the European Commission has never proposed a ban on uncovered sovereign CDS. We hope that the European Parliament, Council and Commission will now find a workable solution on this issue.”
Andrew Baker, CEO, AIMA