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News

Financial Literacy and Consumer Protection: Overlooked Aspects of the Crisis - Release of OECD’s Recommendation on Good Practices on Financial Education and Awareness Relating to Credit

07-Jul-2009

Financial services firms must make sure their customers understand what they are letting themselves in for when they sign up for mortgages, consumer loans and other products, under new OECD guidelines designed to avoid a repeat of the sub-prime mortgage crisis and ensuing credit crunch that sent the world economy into recession.

IAIS and OECD survey on corporate governance of insurers

06-Nov-2008

The International Association of Insurance Supervisors (IAIS) and the OECD have conducted a joint survey on the corporate governance of insurers, aiming to obtain information on current practices in corporate governance of insurers and views on what might constitute good practices.  

OECD and IOPS set out blueprint for a licensing regime in the pensions industry

05-May-2008

OECD countries and the International Organisation of Pension Supervisors (IOPS) have agreed new guidelines to help pensions regulators and supervisors improve the way private work-related pension entities, such as pension fund management companies or pension trustees, are managed in order to boost their financial security and performance.

 

Governments and industry should invest more in financial education, warns OECD

29-Apr-2008

Many people have a poor understanding of the financial issues that affect their lives, according to OECD analysis. To help them, OECD countries have agreed new good practices on financial education relating to private pensions and insurance that call on governments and business to work together to improve financial literacy in order to give people the tools they need to secure their future.

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. 


Events

OECD-Brazilian International Conference on Financial Education

from 15-Dec-2009 to 16-Dec-2009

Taking place in Rio de Janeiro, this conference seeks to advance and elevate the dialogue on financial education in the international arena, particularly in Latin America. This event is co-organised by the OECD and the Brazilian government, with sponsorship from the Japanese government.

OECD/US Treasury International Conference on Financial Education, 7-8 May 2008, Washington DC, USA

from 07-May-2008 to 08-May-2008

Co-hosted by the OECD and the US Treasury, this conference aimed to advance and elevate the dialogue on financial education in the international arena, share experiences on best practices and look at applied research. 

8th OECD-IAIS-ASSAL Conference on Insurance Regulation and Supervision in Latin America, Rio de Janeiro, 9-11 May 2007

from 09-May-2007 to 11-May-2007

This conference discussed current topics in insurance regulation and supervision such as: financial management of large-scale disasters; strengthening of risk awareness and education on insurance issues; information disclosure on financial and insurance products; and development of the life insurance products, namely taxation.

First Conference on the Financial Management of Large-Scale Catastrophes, Hyderabad, India, 26-27 February 2007

from 26-Feb-2007 to 27-Feb-2007

Hyderabad, India, 26-27 February 2007.  This conference, organised under the auspices of the OECD International Network on the Financial Management of Large Scale Catastrophes was hosted by the Insurance Regulatory and Development Authority (IRDA) of India, with the sponsorship of the Government of Japan and the General Insurance Corporation of India.

G8 International Conference on Improving Financial Literacy

from 29-Nov-2006 to 30-Nov-2006

This Conference, convened under the auspices of Russia' G8 Presidency, will be held in Moscow on 29-30 November 2006. The aim of the conference is to recognise the increased need for financial education in both developed and developing countries.

OECD International Network on Financial Management of Large-scale Catastrophes: Inaugural meeting

on 08-Sep-2006

The High Level Advisory Board of the OECD International Network on Financial Management of Large-Scale Catastrophes held its inaugural meeting at the OECD Headquarters (opening remarks by the OECD Secretary-General). The Network is a strategic forum for the discussion of key issues related to the financial management of large scale catastrophes at a global level, aiming to provide policymakers with state-of-the-art expertise and policy advice.

OECD Conference on Financial Education

from 21-Sep-2006 to 22-Sep-2006

Organised in New Delhi on 21-22 September 2006, this conference addressed a wide range of issues related to the development of education programmes for specific financial topics – including financial markets, private pensions and insurance - and also covered policy issues related to the public awareness campaigns and the disclosure of information.



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