The revised G20/OECD Principles of Corporate Governance – a joint G20/OECD effort to help companies navigate changing capital markets while promoting market confidence and financial stability – have been endorsed at the G20 Leader’s Summit in New Delhi, India.
At the 2023 Meeting of the OECD Council at Ministerial Level, Ministers adopted newly updated Guidelines for Multinational Enterprises on Responsible Business Conduct designed to respond to urgent social, environmental and technological priorities facing business and society.
The OECD Review of the Corporate Governance of State-Owned Enterprises in Romania was launched at an event hosted by the Romanian Ministry of Finance in Bucharest on 10 February 2023. The Review is based on more than a year’s consultations between the OECD and representatives from the Romanian Government, as well as non-government stakeholders.
The OECD has released a proposal for a prototype of the Blue Dot Network certification framework for infrastructure projects that are economically, environmentally and socially sustainable, resilient, open and transparent.
Governments, financial regulators and firms should step up their efforts to work together to address the challenges of developing and deploying trustworthy artificial intelligence (AI) in the financial sector, according to a new OECD report.
The COVID-19 crisis poses major challenges to the Croatian economy where a sustained recovery requires a more resilient and dynamic business sector. Both the recovery and convergence of income levels in Croatia towards more advanced European countries will largely depend on the extent to which long-awaited structural reforms can successfully enhance the business landscape, according to a new OECD report.
Upon entering the European ERM-II Exchange Rate Mechanism on 10 July 2020, Croatia has committed to improve the governance of state-owned enterprises (SOEs) by revising and aligning national legislation with the OECD Guidelines on Corporate Governance of State-Owned Enterprises. While Croatia has already taken steps in this direction in recent years, there is room for improvement according to the OECD Review.
The OECD, together with governments of the US, Australia and Japan, has commenced consultations on the development of the Blue Dot Network certification process.
The Government of Ukraine has made strong commitments to align corporate governance of state-owned enterprises with international best practices. Words must now be matched by deeds, according to a new OECD report.
8 July 2020 - Egypt has committed to a proactive reform agenda to improve the business climate, attract more foreign and domestic investment, and reap the benefits of openness to FDI and participation in global value chains.