The European Union may postpone the release of new regulation controlling the amount of information unveiled to managers of hedge funds and private equity firms.

Still EU-27 policy makers had not reached final wording of the proposal; it seems that they need much time to reach an agreement that is approved by lawmakers, national government, and EU Commission.

Actually, the delay came in line with U.K.'s desire as George Osborne sees that the new rules will affect this industry, taking into consideration that U.K. owns 80% of Europe's hedge fund management industry and 60% of private equity.