Amendment to the General Settlement Fund Law

The closing payments are to be expedited.

An amendment to the General Settlement Fund Law, enacted on 1st July 2009, has enabled the rapid conclusion of the closing payments. The payment quotas in claims-based and equity-based proceedings, as well as for insurance policies will be calculated on the basis of the decisions reached by the Claims Committee thus far, and laid down by the Board of Trustees of the General Settlement Fund. MORE