SWF legal immunity poses challenge for lawmakers

A view of the London City skyline

The use of foreign immunity in legal cases concerning sovereign wealth funds (SWFs) presents serious challenges for lawmakers and the institutions themselves, a panel of international law experts said on Friday.

At the Annual Conference at the British Institute of International and Comparative Law in London, Gordon Clark, a professor from Oxford University, said: "Sovereign wealth funds are organised to fit an investor status depending on the activity and legal jurisdiction. A distinction needs

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