FREEDOM OF MOVEMENT OF CAPITAL

Year 1992, , 200 - 204, 29.12.1992

Marmara Üniversitesi Avrupa Topluluğu Enstitüsü

https://doi.org/10.29228/mjes.363

Abstract

CHAPTER XIII
According to the Treaty the member states are obliged to abolish as between themselves
all restrictions on the movement of capital belonging to persons resident in
their territory and any discrimination based on the nationality or on the place of residence
of the parties or on the place where such capital is invested. To that end they
must liberilize their domestic rules governing the capital market and the credit system.
Movements of capital to and from third countries remain within the power of the
member states but they have to keep the Commission informed of such movements.

Keywords

FREEDOM OF MOVEMENT OF CAPITAL, EC, Integration

FREEDOM OF MOVEMENT OF CAPITAL

Abstract

According to the Treaty the member states are obliged to abolish as between themselves
all restrictions on the movement of capital belonging to persons resident in
their territory and any discrimination based on the nationality or on the place of residence
of the parties or on the place where such capital is invested. To that end they
must liberilize their domestic rules governing the capital market and the credit system.
Movements of capital to and from third countries remain within the power of the
member states but they have to keep the Commission informed of such movements.

Keywords

FREEDOM OF MOVEMENT OF CAPITAL, EC, Integration

References

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