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Legal Acts / Standards
The Code of Liberalisation of Capital Movements and the Code of Liberalisation of Current Invisible Operations constitute legally binding rules, stipulating progressive, non-discriminatory liberalisation of capital movements, the right of establishment and current invisible transactions (mostly services). All non-conforming measures must be listed in country reservations against the Codes.
Financial education has become an important complement to market conduct and prudential regulation and improving individual financial behaviours a long-term policy priority in many countries. The OECD and its International Network on Financial Education conducts research and develops tools to support policy makers and public authorities to design and implement national strategies for financial education.
Revised in 2011, these Guidelines reflect lessons learned from the financial crisis, including the need for a board with necessary leadership, expertise, and independent decision-making, effective risk management and internal control systems and integrated firm-wide reporting within an insurer, sound compensation arrangements, and well-understood group structures.
This endorsement reinforces the role of the Principles as one of the key global guidance instruments on financial education and awareness and as an overarching policy instrument offering governments and public authorities non-binding international guidance and policy options in order to develop efficient national strategies for financial education.
These good practices provide an integrated, action-oriented framework for the identification of disaster risks, promotion of risk awareness, enhancement of prevention and loss mitigation strategies, and design of compensation arrangements.
English, Excel, 63kb
The recent major earthquakes in Chile and Haiti are the latest reminder of the urgent need for disaster preparedness. This guidance reflects international good practices on the mitigation and financial management of catastrophic risks.
The handbook provides policy guidance in the field of natural hazard awareness and disaster risk reduction education to governments. It is based on a stocktaking of country initiatives to promote risk awareness and education on natural perils and related risks performed by the OECD and covering selected OECD countries as well as two major non-OECD countries, China and India.
The OECD has established a set of key principles to guide financial policy makers as they look to fundamental reform that will achieve strong, resilient financial systems that play their part in driving economic growth. Among the issues they address are the need for increased transparency, more effective surveillance and greater accountability to the public.
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This document contains the text of the OECD Recommendation and Principles adopted by the OECD Council on 3 December 2010.
The range of existing instruments listed and explained in this 190-page document, including policy recommendations, guidelines and principles of best practice, is extremely rich. Alongside OECD instruments such as the Anti-Bribery Convention, Principles of Corporate Governance and Guidelines for Multinational Enterprises, as well as standards and guidelines on everything from taxation and competition to development aid and public