Sovereign Funds Mandated to Greater Disclosure When Acquiring European Assets
As sovereign funds conduct more direct investments across continental Europe, regulators are requiring a higher level of transparency and insight into their operations. Sovereign wealth funds will have to provide more information to proper authorities when buying a significant control position in European companies or assets. Wealth funds will have to detail their investment policies and the name of people responsible for the investment decisions of the sovereign fund.
The European Commission issued a new order on July 11, 2017. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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