10th Meeting of the Latin American Corporate Governance Roundtable

The 10th meeting of the Latin American Roundtable on Corporate Governance will be held 1-2 December 2009 in Santiago, Chile and will be co-hosted by the Chilean Ministry of Finance, Superintendencia de Valores y Seguros (SVS), The Economic Commission for Latin America and the Caribbean (ECLAC), Centro de Gobierno Corporativo y Mercado de Capitales, Universidad de Chile and Centro para el Gobierno de la Empresa. 


The Latin American Corporate Governance Roundtable was established in April 2000. Roundtable participants come from Argentina, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Mexico, Panama, Peru, Spain, Sweden, Turkey, the United Kingdom, the United States and Venezuela among others.

 

This tenth meeting of the Latin American Corporate Governance Roundtable will provide an ideal platform to take stock of corporate governance developments in the region, and to assess priorities for further action.  The aim will be to help policy-makers, regulators, investors, businesses and other corporate governance advocates to advance in relation to four main themes:

 

  • Assessing progress on corporate governance implementation: results from a range of country-based and multi-country surveys of companies in the region will be shared, enabling participants to assess strengths, weaknesses and gaps requiring further information and action.  This will include discussion of results from a new survey examining the impact of the financial crisis on members of the Roundtable’s Companies Circle versus the average listed Latin American company.

  • Reviewing progress and obstacles to corporate governance enforcement: a survey of Latin American regulators on enforcement issues along with review of new OECD work to tackle abusive related party transactions will provide a means for assessing priorities for further action on enforcement issues.

  • Reviewing lessons from the financial crisis in relation to financial institutions, boards and the role of state ownership: Break-out groups will address these topics to allow the opportunity for more active discussion and possible issuance of Roundtable statements on each of these sub-topics.

  • Launching a revised White Paper on Institutional Investors and Corporate Governance:  A revised version of the Roundtable’s White Paper containing recommendations and best practices for institutional investors will be discussed and launched, taking into account suggestions from last year’s meeting and further international developments in relation to these issues.

 

Meeting Documents

 

 

  • White Paper on Strengthening the Role of Institutional Investors in Latin American Corporate Governance
    The OECD is inviting written comments on this revised “White Paper on the Role of Institutional Investors in Strengthening Latin American Corporate Governance” for a period of public consultation.  It has been prepared on the basis of information gathered through previous Roundtable meetings as well as more recent developments.  It will be discussed at the Roundtable meeting in Chile (December 1-2, 2009), and the final version published shortly thereafter.  Written comments or questions may be addressed to Daniel.Blume@oecd.org or Davit.Karapetyan@ifc.org  by no later than 16 December 2009 for consideration in the final version.

 

Further material relating to this event will be posted on this page as it becomes available

 

Practical Information

 

 

Registration

 

Participation in this meeting is by invitation only.  To register online please refer to the link provided in your invitation and submit no later than October 29th. There is no conference fee but registration is mandatory. If  you encounter any problems with registration, please contact Ms. Felicia Rodriguez (Felicia.Rodriguez@oecd.org). 

 

Hotel

 

 

A preferential tarif has been negotiated with the Ritz Carlton Santiago.  In order to benefit from this special rate, you must reserve before the 29th October. Please refer to your invitation to obtain the hotel reservation form.  This form should be completed and sent directly to the hotel.

 

Tax exemption on accommodation for foreign residents participating in the Roundtable


Please note that all FOREIGN residents participating in the Roundtable can enjoy a tax exemption on their accommodation at the hotel. This will be deducted from the final bill upon settling the account at the end of your stay. In order to benefit from this tax exemption, you will need to provide the hotel:

• your passport;
• your Chilean immigration form; and
• a foreign credit card or you may pay cash in a foreign currency (US Dollars or Euro)

 

Transportation between hotel and airport

 

There are several taxi stands within the airport that offer a rate of around $35 USD (each way).  For your safety, it is recommended that you choose official transport offered by the Santiago airport.  For more information see taxis below

 

Alternatively, transportation can arranged for you at an extra cost of $35,000 CLP ($64 USD) each way.  If you wish to use this service, it should be noted in the space provided on your hotel registration form. 

 


 

Venue

 

 

Economic Commission for Latin America and the Carribean

 

The 2009 meeting will take place at ECLAC / CEPAL

United Nations
Av. Dag Hammarskjold 3477, Vitacura
Santiago, Chile

 

Transportation will be provided between the Ritz Carlton and the meeting venue. 

 

Visas

 

Participants are requested to check their visa requirements prior to the meeting. The OECD can provide invitation letters upon request.  Please ensure you allow sufficient time for visa processing – details available from your nearest Chilean embassy or consulate. For more information please visit the Chilean Foreign Ministry website at www.minrel.gov.cl

 

 

Other Useful Information

 

Languages

 

Written material submitted to the Roundtable will generally be in English.  For presentations and discussions during the Roundtable meeting, simultaneous translation will be provided between Spanish and English.

 

Currency

 

Chile’s currency is the Chilean Peso.  The current exchange rate is approximately $550CLP per USD. 

 

Taxis

 

For safety reasons, it is recommended that you use authorized taxi services.  The following taxi companies are available and have booths located  on the first floor of  Santiago’s international airport:

  • Taxi Oficial
  • Taxi VIP
  • Radio Movil Tur Bus

 

 

 

 

 

For more information about this event, please contact:
Ms. Felicia Rodriguez (Felicia.Rodriguez@oecd.org).

 

 

 

 

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