Monday, March 26, 2018

EU Fact Sheets - Free movement of capital - 01-02-2018

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EU Fact Sheets - Free movement of capital - 01-02-2018

26-03-2018 12:00 AM CEST

The free movement of capital is not only the most recent of all Treaty freedoms, but — because of its unique third-country dimension — also the broadest. The liberalisation of capital flows progressed gradually. Since the Maastricht Treaty, all restrictions on capital movements and payments have been removed, both between Member States and with third countries. The principle has direct effect, i.e. it requires no further legislation at either EU or Member State level.

Source : © European Union, 2018 - EP


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