Capital control

Capital controls are government actions designed to restrict flows of capital out of, or into, a country.

Iceland returns to financial normality

"Iceland lifted capital controls imposed during the 2008 collapse of its banking industry, signalling a return to financial normality and international financial markets."

The Treasurer magazine, April 2017, p8 - International briefing.

See also

• Balance of payments
• Capital account
• Capital flight
• Exchange controls
• IAS 21
• Libra

Other resource

• IAS 21: what treasurers need to know about forex accounting standard amendments - From 1 January 2025, changes to the international accounting standard on foreign exchange rates could present challenges for those dealing with strict capital controls 13 December 2024 - David Passarinho, senior financial reporting expert at Huawei Global Finance (UK) Ltd - The Treasurer online