Undertakings with regard to capital movements

OECD

doi:https://doi.org/10.1787/9789264110779-3-en

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.

English Also available in: French

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https://doi.org/10.1787/9789264110779-en

Chapter

Undertakings with regard to capital movements

a. Members shall progressively abolish between one another, in accordance with the provisions of Article 2, restrictions on movements of capital to the extent necessary for effective economic co-operation. Measures designed to eliminate such restrictions are hereinafter called “measures of liberalisation”.

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English Also available in: French

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