Corporate Governance in the Middle East and North Africa (MENA)

 

22 November 2011 - Beirut, Lebanon

Corporate Governance in Arab Banks: Developments and Challenges.

This workshop will be dedicated to examine developments in corporate governance in Arab banks and will be co-organised with the Union of Arab Banks and the Lebanese Institute of Directors.

 

The MENA-OECD Working Group on Corporate Governance was launched in 2005 in order to provide a platform for discussing corporate governance priorities in the MENA region, sharing best practices and evaluating their implementation. It is comprised of representatives of regional securities regulators, central banks, stock exchanges, ministries of Finance and Economy as well as other public and private sector actors interested in further promoting corporate governance in the region. Three regional taskforces have been formed under the umbrella of the Working Group to specifically address corporate governance of banks, state-owned enterprises and stock exchanges. 

 

In 2005, the Working Group issued its first regional Survey on Corporate Governance, comparing legal frameworks and developments in the region. The survey also provided background for the development of recommendations set out in the Dubai Declaration which outlines key initiatives on the corporate governance of banks, state-owned enterprises and insolvency. In 2009, a Policy Brief on Corporate Governance of Banks was issued in Arabic and English. A regional publication on corporate governance of state-owned enterprises is currently under preparation, as is an update of the 2005 regional survey. In 2011, the Working Group was mandated by the Muscat Declaration to establish a Regional Taskforce of Stock Exchanges for Corporate Governance.

 

The Working Group works closely with regional institutions and initiatives such as:

 

Key documents

 

Meetings

 

 

 Permanent URL: www.oecd.org/daf/corporateaffairs/mena

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