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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.
07/11/12 - the OECD and the International Coordinating Committee of National Human Rights Institutions concluded a Memorandum of Understanding to promote respect by multinational enterprises of the new human rights chapter of the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles for Business and Human Rights upon which the OECD Guidelines are based.
This Declaration, first adopted in 1976, constitutes a policy commitment to improve the investment climate, encourage the positive contribution multinational enterprises can make to economic and social progress and minimise and resolve difficulties which may arise from their operations.
The National Treatment instrument stipulates that adhering countries shall accord to foreign-controlled enterprises on their territories treatment no less favourable than that accorded in like situations to domestic enterprises.
The OECD has long been at the forefront in efforts to develop international rules relating to capital movements, international investment and trade in services. Member governments have established "rules of the game" for themselves and for multinational enterprises based in their economies by means of legal instruments to which all Members must adhere.
The updated OECD Guidelines for Multinational Enterprises were adopted on 25 May 2011. This page provides access to the text, implementation procedures, commentaries and related documents.
English, PDF, 1,026kb
The 2011 OECD Guidelines for Multinational Enterprises are far reaching recommendations for responsible business conduct that 42 adhering governments encourage their enterprises to observe wherever they operate.
This document reproduces the text of the Declaration which was adopted by the Governments of OECD Member countries on 21 June 1976. It was reviewed in 1979, 1984, 1991, 2000 and 2011.
Swedish, Excel, 354kb
Swedish translation of the 2011 Guidelines by the Swedish National Contact Point.
English, , 130kb
The 42 adhering governments to the OECD Guidelines for Multinational Enterprises have agreed on the terms of reference for carrying out an update of the Guidelines. The update aims to ensure their continued role as a leading international instrument for the promotion of responsible business conduct.