For almost 60 years, the OECD Code of Liberalisation of Capital Movements has provided a balanced framework for allowing countries to progressively remove barriers to the movement of capital, while providing flexibility to cope with situations of economic and financial instability. A review of the Code was adopted in 2019 to strengthen the instrument and respond to new financial stability challenges.
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31/05/2019 - Preliminary data for 2018 show that assets in pension funds amounted to USD 27.6 trillion in the OECD area, close to 4% lower than in 2017. Calculated in national currencies, pension fund assets declined in 12 out of 34 reporting OECD countries, including some of the largest pension markets: Japan (-1.1%), the Netherlands (-1.2%), Switzerland (-0.7%), the United Kingdom (-0.3%) and the United States (-5.0%).
Progress Report on National Contact Points for Responsible Business Conduct released at the 2019 OECD’s Ministerial Council Meeting in Paris addresses the need for more government support and resources to ensure that National Contact Points for Responsible Business Conduct (NCPs) reach their full potential.
This project provides technical assistance to design and implement effective financial education initiatives that are adapted to the specific needs of participating countries in South East Europe.