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Given the poor performance of traditional investments in the South African market, financial advisors have unashamedly encouraged the majority of their clients to invest offshore.
Baker McKenzie’s newly published report - Preserve, Protect and Defend: Global Nationalization Risk - looks at, among other things, the treaty framework that underpins foreign investment decisions in numerous countries around the world, including South Africa.
In recent weeks, economic activity across emerging markets has come to a halt, currencies have weakened and equity markets have fallen as coronavirus has swept across the globe.
The strongest deterrent against FSP compliance missteps is or should be: