News & Events

 

News

OECD Financial Markets Committee calls for fundamental reform of financial markets

15-Apr-2008

Fundamental reform of the financial system and its regulation is needed to address the issues highlighted by the current financial markets crisis, according to the OECD Financial Markets Committee. Priority should be given to private sector initiatives to speed up the recovery of financial markets but government intervention may be needed.

OECD countries stay open to commercial investments by sovereign wealth funds

09-Apr-2008

OECD countries are committed to keeping their investment frontiers open to sovereign wealth funds (SWFs) as long as these funds invest for commercial, not political ends. That is the message in a letter from OECD Secretary-General Angel Gurría to G7 Finance Ministers detailing a common OECD position on policies towards sovereign wealth funds.

OECD publishes International Investment Law: Understanding concepts and tracking innovations

04-Apr-2008

International investment agreements set ground rules for how host governments treat foreign investors. This publication provides an unparalleled source of information on four key issues: the definition of investor and investment; the interpretation of umbrella clauses in investment agreements; coverage of environmental, labour and anti-corruption issues; and the interaction between investment and services chapters in selected regional trade agreements.

OECD urges Luxembourg to introduce liability of legal persons for foreign bribery

27-Mar-2008

Luxembourg urgently needs to establish liability against legal persons for foreign bribery and put in place sanctions that are effective, proportionate and dissuasive, according to a report by the OECD's Working Group on Bribery.

OECD countries agree on further liberalisation commitments in insurance and private pensions

22-Feb-2008

OECD countries have agreed on further liberalisation commitments in the areas of insurance and private pensions.  The OECD Code of Liberalisation of Current Invisible Operations has been amended to broaden the insurance obligations of the Code and introduce new obligations on private pensions, thereby establishing a new, high standard for cross-border trade in insurance and private pensions services. 

Competition brings prosperity

21-Feb-2008

Opening the 100th meeting of the competition committee, Mr. Gurría reminded that competition is vital for economic growth. It stimulates efficiency and higher productivity, it disciplines managers, it reinforces incentives for innovation, and it speeds up the adjustment to change. He also mentioned OECD countries that have implemented pro-competition reforms have seen higher growth rates and lower unemployment than those who failed to reform. They have also proved to be more flexible and resilient to economic shocks.

The OECD examines the issue of proportionality and corporate governance

07-Feb-2008

At its meeting on 14 November 2007, the Steering Group on Corporate Governance agreed on a common position based on the OECD Principles of Corporate Governance about the issue of whether there should be proportionality between ownership and control (also known as one-share-one-vote)  in listed companies. 

The OECD will release good practices on financial education relating to private pensions in 2008

30-Jan-2008

After taking into consideration comments and updates received during the public consultation held between 26 June and 1 September 2007, the OECD will release `Good Practices on Financial Education relating to Private Pensions’ and a background report in 2008. 

Message to the Conference of State Parties to the UNCAC from the OECD Working Group on Bribery in International Business Transactions

29-Jan-2008

The OECD Working Group on Bribery in International Business Transactions congratulates the Conference of State Parties on the occasion of its second session for its important accomplishments so far in combating corruption, including through the ratification of the United Nations Convention against Corruption (UNCAC) by over one hundred countries and the substantial work of its various working groups.

Draft OECD-IOPS Guidelines on the Licensing of Pension Entities: public consultation results

29-Jan-2008

The public consultation of the draft text of the Guidelines on the Licensing of Pension Entities was closed on 5 October 2007.  After consideration of the comments received by the IOPS and the OECD Working Party on Private Pensions, the results of the public consultation are now available.




Top of page

16-17 February Paris, France

2012 Global Forum on Competition

Subscribe to our news feed

A free and easy way to receive the latest news