Global Cluster Munitions Legislation and Implications for Investors

Oct 20, 2011

This article reviews the international and country‐specific cluster munitions mandates, including recent developments in the Netherlands, and provides a focused view on the legislation prohibiting investments, where direct investments refers to a financial institution that buys shares or bonds of a company for their own account and indirect investments refers to a financial institution that buys shares or bonds of a company on behalf of a third party, for example, the purchase of one or more shares of an investment fund.