Corporate governance and corporate finance

Working Party on State Ownership and Privatisation Practices


‌‌‌‌‌The OECD Working Party on State Ownership and Privatisation Practices facilitates policy dialogue and information exchange between OECD Member countries and key partners on improving corporate governance of state-owned enterprises and implementing privatisation policies. The Working Party was formed in 2001 to assist in the application of the OECD Principles of Corporate Governance specifically to state-owned enterprises. In support of this mission, the Working Party developed, and now oversees implementation of, the OECD Guidelines on Corporate Governance of State-Owned Enterprises.


Members of the Working Party include all 35 OECD Member countries and the EU Commission. The following countries have been invited to participate on a regular basis: Brazil, China, Colombia, India, Indonesia, Lithuania, Russia and South Africa. The table below provides a list of government agency(ies) responsible for the ownership, or for coordinating the oversight, of state-owned enterprises in those countries, along with links to their websites when possible.


Further information about the Working Party’s participants and mandate can be found here.


Working Party Members


Government agency(ies) charged with state ownership


Government Businesses Advice Branch, Department of Finance and Deregulation


State Holding Company – ÖBIB (in German)

Belgium_small Belgium

Société Fédérale de Participations et d'Investissement


Treasury Board of Canada Secretariat


System of Enterprises, Ministry of Economy, Development and Tourism (in Spanish)

  Czech Republic

Department for State Property Management, Ministry of Finance


Finance Ministry (in Danish) 


Ministry of Finance


Ownership Steering Department, Prime Minister’s Office


Agence des Participations de l’État 


Privatisation and Ownership Unit, Ministry of Finance (in German)


Hellenic Republic Asset Development Fund

General Secretariat of Public Property, Ministry of Finance (in Greek)


Hungarian National Asset Management Inc. – MNV 

Ireland_small  Ireland 

New Economy and Recovery Authority, National Treasury Management Agency 

Israel_small  Israel 

Government Companies Authority (in Hebrew) 

Italy_small  Italy

Finance and Privatisations Directorate, Department of Treasury

Iceland_small  Iceland

Ministry of Finance

Japan_small  Japan‌

Ministry of Finance

Korea_small  Korea

Public Institutions Policy Bureau, Ministry of Strategy and Finance

Latvia  Latvia Cross-Sectoral Coordination Centre
Luxembourg_small  Luxembourg 

Ministry of Finance

Mexico_small  Mexico

Secretariat of Finance and Public Credit

Netherlands_small  Netherlands

Ownership Unit, Ministry of Finance (in Dutch)

  New Zealand 

Commercial Operations, Treasury 


Ministry of Trade, Industry and Fisheries 


Ministry of Treasury 

Portugal_small  Portugal

Secretariat of the General Directorate of Treasury and Finance (in Portuguese)

Slovak Republic_small   Slovak Republic

National Property Fund of the Slovak Republic (in Slovak)

Slovenia_small  Slovenia

Slovenian Sovereign Holding

Spain_small  Spain

Sociedad Estatal de Participaciones Industriales (SEPI), Ministry of Finance and Public Administration (in Spanish)


Government Offices of Sweden 

Switzerland_small  Switzerland

Federal Department of Finance


Directorate General of State-Owned Enterprise, Undersecretariat of Treasury

Privatisation Administration, Prime Ministry 

  United Kingdom 

UK Government Investments

United States_small  United States

Department of State

Other Countries


Government agency(ies) charged with state ownership

Brazil_small  Brazil

Department for SOEs, Ministry of Planning, Budget and Management (in Portuguese)


State-Owned Assets Supervision and Administration Commission of the State Council (SASAC)

Colombia_small  Colombia

Directorate of State Ownership, Ministry of Finance and Public Credit

Costa Rica_small  Costa Rica Ministry of the Presidency
India_small  India

Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises

Indonesia_small  Indonesia

Ministry of State Enterprises (in Indonesian)

Kazakhstan_small  Kazakhstan Ministry of National Economy

State-Owned Enterprise Governance Coordination Department

Philippines_small  Philippines

Governance Commission for Government Owned or Controlled Corporations (GOCCs)


Federal Agency for Management of State Property – Rosimushchestvo (in Russian)

  South Africa 

Department of Public Enterprises 



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