What If Capital Controls are Imposed in the Countries You Invest In? (Undervalued Shares)
“Ladies and gentlemen, I would like to speak to you about the news that broke 20 minutes ago. The European Union is going to implement restrictions on the movement of capital.
If you are transferring money between EU countries, you’ll have to fill out an additional online form. It will be similar to coronavirus tracker forms, and possibly act as a precursor to actual transfer restrictions.
If you want to transfer money outside the EU, you’ll have to apply online for permission. The EU is debating how much individuals can transfer outside the block each year. The measure is intended to protect social justice within the eurozone.“
These were the opening sentences of my speech at the CEE Wealth Summit in Vienna on 5 May 2022, which I attended in my role as CEO of Sarnia Asset Management. READ MORE
Similar Posts:
- China’s Investment Managers Abandon the Retail Market to Focus on Wealth Management Market (FT)
- Investors Trapped in Russian Bonds Find Buyers in Kazakhstan (Bloomberg via Yahoo!)
- Emerging-Market Capital Outflow Risk Rises With US Dollar (Bloomberg)
- Trade War Drains China’s Social Security System (Nikkei Asian Review)
- China’s Mutual Funds Industry Now the Second Biggest in Asia (The Asset)
- Emerging Market Fund Fees Can Confuse Investors (FTAdviser)
- Online Travel Booking Revenue from Emerging Markets is Surging (Travel Weekly)
- Hawksmoor Investment Management Manager Cutting Emerging Market Exposure (FE Trustnet)
- Tencent Chases Alibaba for Cloud Computing Supremacy (Nikkei Asian Review)
- Why invest in Latin American Stocks? (Aberdeen)
- UBS’s Raphael: A Hard Time For Emerging Markets Investing (Bloomberg)
- China Bolsters Pension Fund as Fears Grow Over 2035 Doomsday (Nikkei Asian Review)
- Investing in Sri Lanka Unit Trusts
- How Big of a Threat is China’s Xiaomi to Apple? (Bloomberg)
- Jupiter’s Croft: If History Repeats Itself, Russian Stocks Could Double (FE Trustnet)
Leave a Reply