European Commission Publishes Report on Addressing National Barriers to Capital Flows

On 27 February 2017, a Report from The European Commission to the Council and the European Parliament was published on addressing national barriers to capital flows. The report was prepared following a call by the ECOFIN Council of June 2015 to map national barriers to cross-border capital flows and find the best ways of tackling those that are either not justified by public interest considerations or are disproportionate. The report identified five main areas where issues exist and provides …