The reason for this change was to enable financial institutions to have access to a wider range of investors. In other countries, investors are allowed to invest in financial institutions. We wanted to make sure that our financial institutions were going to be competitive in the search for capital and that they were going to have access to the same pool of potential investors, taking into account that the minister wished to have the right to review such investors.
On November 1st, 2012. See this statement in context.