SWF rules unnecessary: OECD chief

Angel Gurria, the secretary general of the OECD, has called on regulators to resist from unduly hampering sovereign investments.

"There should not be any legislation or any regulation or any code applied that unduly restricts the freedom of investment [for sovereign wealth funds], because we would be doing ourselves a disservice," Gurria said, noting that he had yet to see a sovereign investment motivated by anything other than profit.

He did, however, say that this criterion must remain if

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.