Basescu Passes Law Raising SIF Ownership Cap To 5%

01.05.2012 By Radu Bostan

Romanian President Traian Basescu on Thursday signed the decree passing an amendment to Law 297/2004 on the capital market, which raises the limit on ownership in the five regional investment funds (SIFs), from 1% to 5%.

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Keywords:
OWNERSHIP LIMIT
, SIF
, LAW