Abu Dhabi, Singapore SWFs to adopt disclosure rules

03/21/2008 | Bloomberg · Financial Times (free content)

In an agreement worked out with the U.S. Treasury, the sovereign-wealth funds of Singapore and Abu Dhabi will adopt rules for increased disclosure on their U.S. investments. The "best practices will create strong incentive among SWFs and investment-recipient countries to hold themselves to high standards," said a joint statement from Treasury Secretary Henry Paulson and officials from Abu Dhabi and Singapore.

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Bloomberg · Financial Times (free content)

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