November 27, 1991
TO: INTERNATIONAL COMMITTEE NO. 28-91
RE: COMPENDIUM OF FOREIGN INVESTMENT RESTRICTIONS AND REPORTING
REQUIREMENTS
__________________________________________________________
As discussed at the meeting of the International Committee
on November 21, the Institute has begun to collect information on
investment restrictions and reporting requirements in various
countries that may apply to U.S. investment companies and/or
investment advisers investing in those countries. To date, we
have distributed memoranda describing certain requirements in
Germany and in the U.K. (See Memorandum to International Members
No. 2-91, dated May 31, 1991 and Memorandum to International
Members No. 10-91, dated November 20, 1991.) The Institute plans
to create a compendium of this type of information, which will be
expanded gradually to cover other countries and will be updated
on a regular basis.
To assist in this effort, the Institute would appreciate
receiving information on foreign investment restrictions and
reporting requirements that Committee members may have collected
themselves and are willing to share. Please forward any such
material to the undersigned or to Cathy Heron at the Institute.
Thank you for your cooperation.
Frances M. Stadler
Assistant General Counsel