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Global Trade Alert

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South Africa: Institutional investors allowed to hold more foreign assets

Description

On 13 December 2010, the National Treasury of South Africa issued Exchange Control Circular No. 44/2010, which increases the limits (by 5 percentage points) to the amounts that institutional investor...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

01 Jan 2011

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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