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Credit ratings provide an opinion on the relative ability and willingness of parties with debt obligations to meet financial commitments. They have three functions: to measure the credit risk of the issuer, to provide a means of comparison and to provide a common standard. The credit rating market is a natural oligopoly, with three Credit Rating Agencies (CRAs) accounting for more than 90% of the market. The recent financial crisis
The annual meetings of the OECD Working Party on Public Debt Management bring together debt managers from OECD countries to discuss topical issues relating to debt management operations and government bond markets
This consultation with Professor John Ruggie discussed the potential role of the OECD Guidelines for Multinational Enterprises in the operationalisation of the UN “Protect, Respect and Remedy” Framework.
Key players in the supply chain of tin-tantalum-tungsten and gold, government representatives and international and civil society organisations met to finalise the due diligence guidance on responsible supply chain management of conflict minerals.