Norway Wealth Fund Urges EU to Unify Capital Markets Quicker
Norway 's sovereign wealth fund, the world's largest, is calling on the European Union to accelerate efforts to unify its capital markets.
It's sending a 14-page letter to the European Commission on Tuesday in response to a consultation on streamlining the union's financial systems. The fund is urging the bloc's executive to harmonize withholding-tax rules, lower settlement costs and create a better digital infrastructure.
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