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Estonia · Law · SE

15

Investment Funds Act Amendment Act

avaldatud riigiteatajasEstonia· Riigikogu· ET

Introduced

4 May 2015

Last action

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Status

AVALDATUD_RIIGITEATAJAS

Sponsors

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Subjects

Discovery layer

Source updated

15 June 2015

Summary

The draft allows up to 30 percent of pension fund assets to be invested in unlisted securities instead of the current 10 percent. Also, as a result of the change, the pension fund may acquire more than 10 percent holdings and controlling shares in companies. According to the current law, a pension fund cannot own more than 10 percent of the shares of one company.

Machine translation from Estonian. The official text remains authoritative.

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Documents

21 official files

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