The OECD has co-organised and participated in the first annual meeting of the Union of Arab Stock Exchanges, a regional body assembling the constituencies from all exchanges in the Middle East and North Africa region, held on 7-8 December in Cairo, Egypt.
Discussions at this meeting focused on 3 issues in response to the financial crisis that are high on the agenda in the Latin America region – the role of boards, including their role in risk management; corporate governance of financial institutions; and the need to ensure good governance of state-owned assets, including pension funds, sovereign wealth funds and state-owned enterprises.
The OECD, in co-operation with the Hawkamah Institute of Corporate Governance, has organised its fourth annual conference on "Emerging Middle East Markets and the Corporate Governance Imperative" on 9-10 November 2009, Dubai, United Arab Emirates.
Co-organised by OECD and ESCAP in Bangkok, this conference focused on OECD and Asian country responses to the main challenges in responsible business conduct, with a special focus on climate change, finance and education.
The first corporate governance conference organised by the Abu Dhabi Center for Corporate Governance, part of the Abu Chamber of Commerce and Industry in cooperation with the OECD served to advance the discussions on corporate governance challenges and progress in the UAE, and in particular in Abu Dhabi.
On 11 October 2009, the Task Force gathered to discuss a revised version of the Policy Brief on Improving Corporate Governance of Banks in the Middle East and North Africa region.
Participants at this meeting reviewed and evaluated the implementation of corporate governance standards and practices as a vital step to reinforcing market integrity in the Asian region.
Held in Bangkok on 17-18 July 2009, this event focused on 'Asian Insolvency Reforms following the Global Financial Crisis: Policy Responses and Opportunities' with an emphasis on the review of progress made by the Asian governments in reform implementation and in-depth discussion on the policy options for insolvency reform.
The 2009 Roundtable on Corporate Responsiblity focused on the responsibilities of multinational companies toward consumers and how consumers can encourage multinational enterprises to live up to the recommendations of the OECD Guidelines for Multinational Enterprises.
The Union of Arab Banks, an umbrella organisation for banks operating across the MENA region, had organised a conference on “Reinforcing Financial Supervision and Regulation”, with support and participation of the OECD as well as other partner organisations such as the Center for International Private Enterprise (CIPE), the Lebanese Transparency Association (LTA), the Financial Services Volunteers Corps. (FSVC) and the World Union of