PRINT THIS PAGE EVCA's public consultation document on new international Code of Ethics for private equity03/10/2007. Source: European Private Equity and Venture Capital Association (EVCA).
The European Private Equity and Venture Capital Association has launched a public consultation for a new industry Code of Ethics, based on the International Organisation of Securities Commission (IOSCO) model. This new Code is a further important contribution by EVCA towards maintaining and enhancing the highest industry standards while supporting an environment of openness and trust between EVCA member firms and the wider stakeholder community, EVCA said in a statement.
The consultation is being conducted on a multiple stakeholder basis, bringing together EVCA members, investors in funds, political groups in Brussels and on a country basis, with regulators, governance institutes, think tanks and academics. EVCA will also be contacting a range of social partners, such as trade unions through their Brussels and national federations.
The new Code of Ethics will be compulsory for full EVCA members, who represent over 80% of private equity and venture capital under management in Europe, EVCA said.
The Code is open for public consultation until 26 October 2007. Click here to view the full document (pdf 89kb)You need Adobe Acrobat to read this document. If you do not have it, you can download it free from www.adobe.com/products/acrobat/readstep.html
The European Private Equity and Venture Capital Association (EVCA), established in 1983 and based in Brussels, promotes, facilitates and represents the needs and interests of the private equity and venture capital industry in Europe. EVCA has over 1,150 members in 50 countries, including the leading fund managers in the European private equity and venture capital industry. For more information visit www.evca.com
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