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Central Bank Recommends that Major Liberalisation of Capital Flows Be Introduced

Ljubljana, 22 December - The council of the Bank of Slovenia decided at its session on Thursday to change conditions under which non-residents can buy securities in Slovenia. The council also recommended to the government and parliament that, in a bid to facilitate liberalisation of capital flows and to increase transparency on the domestic market, changes should be made as soon as possible to the act on investment funds and management companies; the changes would enhance participation of foreign nationals on the Slovene market, the Bank of Slovenia reported on Friday.

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