OECD member countries have committed themselves to maintaining and expanding the freedom for international capital movements and current invisible operations under the legally binding OECD Codes of Liberalisation. This publication explains the content and structure of the OECD Codes.Another revision in 1992 expanded the liberalisation lists to include short-term money-market operations and new forms of financing, such as futures, swaps and options. In 2002, restrictions applying to portfolio investment abroad by certain institutional investors, namely insurance ... brought within the purview of the Capital Movements Code and made subject to its progressive liberalisation obligations.
Title | : | OECD Codes of Liberalisation of Capital Movements and of Current Invisible Operations User's Guide |
Author | : | OECD |
Publisher | : | OECD Publishing - 2003-07-09 |
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