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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

EU adds Libya sovereign fund to sanctions list

Posted on 09 March 2011

From Reuters: The European Union agreed on Tuesday to add the Libyan Investment Authority and several other financial organisations to its sanctions list, with the restrictions expected to come into force on Friday.
Diplomats said the EU’s 27 countries had agreed to impose sanctions on the $70 billion Libyan Investment Authority, the central bank, three other financial organisations and one individual, a former Libyan finance official……………………………………….Full Article: Source


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