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Global Trade Alert

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Iceland: Amendments to the Foreign Exchange Act

Description

Starting in 2017, the trade in securities will be largely liberalised. Foreign securities investments will no longer require domestic custody and the transfer of custody of securities will be eased. A...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

01 Jan 2017

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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