At its General Assembly in Milan on 13 October 2008, the World Federation of Exchanges (WFE) voted the following mesaure of support for the the OECD Principles of Corporate Governance:
"WFE believes that the OECD continues to make an important contribution to the development of standards of corporate governance, particularly where national codes of practice have yet to emerge. As markets converge, OECD standards provide a useful benchmark for best practice for blue chip stocks listed on exchanges around the world. We strongly support the work of the OECD in this area, and welcome the opportunity to engage with OECD in future discussion on a range of topics, including corporate governance."
This resolution of support covers the existing body of Principles as well as the public review and support processes designed to ensure their implementation.
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