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OECD Code of Liberalisation of Capital Movements

image of OECD Code of Liberalisation of Capital Movements

For half a century, the OECD Code of Liberalisation of Capital Movements has provided a balanced framework for capital account openness. This new edition of the Code presents the full text of the Code, setting out the rights and obligations of adhering countries. It also shows how far each of the 34 adhering countries is open to international capital movements, as of March 2011.

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Reservations to the Code of Liberalisation of Capital Movements

The present Annex contains the reservations that individual Member countries have lodged in accordance with Article 2 (b) to the Code. The reservations have been accepted by the Council and constitute authority for Members to derogate, from the provisions of Article 2 (a) of the Code with regard to transactions and transfers enumerated in the Liberalisation Lists A and B.

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