Luxembourg, 27/09/2000 (Agence Europe) - The Court of Justice of the European Communities has confirmed that a Member State cannot prohibit persons residing on its territory from subscribing to financial products on other capital markets without being in breach of the principle of free movement of capital.
With its ruling, on 26 September, in the case C-478/98, which opposes the European Commission and Belgium, the Court notes that the ban imposed by the Belgian royal decree of 4 October...