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This survey covers 11 MENA jurisdictions exploring the legal framework for creditor rights, risk management and corporate workouts, the legal framework for insolvency, cross border recognition issues, re-oganisation proceedings, and the implementation of insolvency systems.
The OECD, in co-operation with the Hawkamah Institute of Corporate Governance, has organised its fourth annual conference on "Emerging Middle East Markets and the Corporate Governance Imperative" on 9-10 November 2009, Dubai, United Arab Emirates.
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The corporate governance landscape changed significantly during the financial crisis through increased state ownership as governments had to recapitalize financial and other institutions. The OECD monitored these developments as the crisis unfolded, examined national practices and published its conclusions in November 2009.
Speaking at the Institute of International and European Affairs, Mr. Gurría emphasized the OECD’s continued support of the G20, outlining our work on trade and investment, unemployment, and climate change in the wake of the financial crisis.
Co-organised by OECD and ESCAP in Bangkok, this conference focused on OECD and Asian country responses to the main challenges in responsible business conduct, with a special focus on climate change, finance and education.
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The Policy Brief is designed to provide practical recommendations on corporate governance practices in the banking sector.
(New York/Paris, 27 October 2009) – The United Nations Global Compact and the OECD have recently begun to enhance their collaborative efforts, particularly in countries that have both Global Compact Local Networks and National Contact Points NCPs on the OECD Guidelines for Multinational Enterprises.
The first corporate governance conference organised by the Abu Dhabi Center for Corporate Governance, part of the Abu Chamber of Commerce and Industry in cooperation with the OECD served to advance the discussions on corporate governance challenges and progress in the UAE, and in particular in Abu Dhabi.
The financial crisis required governments to make massive interventions in their financial systems. This book sets out priorities for reforming incentives in financial markets as well as for phasing out these emergency measures.
On 11 October 2009, the Task Force gathered to discuss a revised version of the Policy Brief on Improving Corporate Governance of Banks in the Middle East and North Africa region.