CH6 foreign ownership ceiling for Syrian private banks
Status
READ
Version history
The register keeps changing after the book is fixed in print. Each entry below was added to this row in the order shown.
REGISTERED AS THE COUNTER-EXAMPLE AND NOT AS AUTHORITY. Its title states that Syria 'allows foreign investors to own up to 60% of local banks'. SRC-245, the instrument itself, sets the ceiling at 49 per cent and makes 60 available only by a Council of Ministers decision on the Credit and Monetary Council's proposal and only where the largest share goes to a qualifying strategic partner. THE SUMMARY IS NOT SO MUCH FALSE AS EMPTIED: it keeps the number a reader would quote and drops the mechanism a reader would need. Where this book uses it at all it is as an instance of the thing the book is about, and the ownership limb is cited to SRC-245.