Article VI – Capital Transfers

E1011961

Article VI – Capital Transfers is a provision of the IMF’s Articles of Agreement that regulates members’ rights and limitations regarding the movement of capital across borders, particularly to prevent destabilizing capital flows.

All labels observed (1)

Label Occurrences
Article VI – Capital Transfers canonical 1

How this entity was disambiguated

Statements (35)

Predicate Object
instanceOf provision of the IMF Articles of Agreement ⓘ
addresses restrictions on payments and transfers for capital transactions ⓘ
adoptedBy United Nations Monetary and Financial Conference at Bretton Woods ⓘ
aimsTo prevent destabilizing capital flows ⓘ
protect members’ balance of payments stability ⓘ
allows IMF to request members to exercise controls to prevent use of IMF resources for capital flight ⓘ
alsoKnownAs Article VI of the IMF Articles of Agreement ⓘ
appliesTo all IMF member countries ⓘ
basedOn concern about destabilizing short‑term capital movements ⓘ
citedIn IMF legal opinions on capital account regulation ⓘ
academic literature on capital controls and the IMF ⓘ
clarifies that members are not obliged to liberalize capital account transactions ⓘ
distinguishesBetween current account transactions and capital account transactions ⓘ
embeddedIn original Bretton Woods international monetary framework ⓘ
frameworkFor member states’ policies on cross‑border capital movements ⓘ
grantsRightTo IMF members to exercise controls on capital transfers ⓘ
IMF members to regulate capital movements ⓘ
hasLegalStatus binding treaty obligation for IMF members ⓘ
influences IMF conditionality related to capital account measures ⓘ
inForceSince 1945 ⓘ
legalBasisFor members’ use of capital controls under IMF rules ⓘ
limits IMF authority over capital account transactions compared to current account transactions ⓘ
objective avoid competitive exchange depreciation linked to capital flows ⓘ
maintain orderly exchange arrangements ⓘ
partOf Articles of Agreement of the International Monetary Fund ⓘ
permits members to regulate capital movements for balance of payments reasons ⓘ
members to use capital controls to prevent large or volatile capital outflows ⓘ
prohibits members from using IMF general resources to meet large or sustained capital outflows ⓘ
use of IMF resources to finance capital flight ⓘ
regulates capital transfers by IMF member countries ⓘ
members’ rights regarding movement of capital across borders ⓘ
relatedTo Article VIII of the IMF Articles of Agreement ⓘ
IMF policies on capital account liberalization ⓘ
scope capital transfers and related payments ⓘ
subjectOf IMF jurisdiction over capital account transactions ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Articles of Agreement of the International Monetary Fund → hasPart → Article VI – Capital Transfers ⓘ