Other important pieces of legislation are oriented to furthering the development of the domestic capital market. These include the proposed RICA and PERA bills.
Even more basic is the necessity to re-think the whole approach on the taxation of the various financial instruments to encourage a deep capital market that is able to offer a wide array of investment outlets catering to diverse risk preferences and investment objectives. I understand this is now the subject matter of a comprehensive study in preparation for a specific legislative proposal.