Corporate governance and corporate finance

OECD Working Party on State Ownership and Privatisation Practices


‌‌‌‌‌The OECD Working Party on State Ownership and Privatisation Practices facilitates policy dialogue and information exchange between OECD Member countries and key partners on improving corporate governance of state-owned enterprises and implementing privatisation policies. The Working Party was formed in 2001 to assist in the application of the OECD Principles of Corporate Governance specifically to state-owned enterprises. In support of this mission, the Working Party developed, and now oversees implementation of, the OECD Guidelines on Corporate Governance of State-Owned Enterprises.

Members of the Working Party include all 38 OECD Member countries and the EU Commission. Argentina, Brazil and Kazakhstan have a standing invitation to attend in view of their status as Participants to the Working Party.

In addition, the following countries are invited to participate on a regular basis: All key partner countries (India, Indonesia, People’s Republic of China, Saudi Arabia and South Africa), Bulgaria, Croatia, Malaysia, Morocco, Peru, Philippines, Romania, Singapore, Tunisia, Ukraine, and Viet Nam.


The table below provides a list of government agency(ies) responsible for the ownership, or for coordinating the oversight, of state-owned enterprises in those countries, along with links to their websites when possible.


Further information about the Working Party’s participants and mandate can be found here


Working Party Members


Government agency(ies) charged with state ownership


Department of Finance


State holding company - ÖBAG

Belgium_small  Belgium

Société Fédérale de Participations et d'Investissement


Treasury Board


System of Enterprises, Ministry of Economy, Development and Tourism (in Spanish)

Colombia  Colombia

Directorate of State Ownership, Ministry of Finance and Public Credit

Costa Rica_small  Costa Rica

Ministry of the Presidency

Ministry of Foreign Trade (COMEX)

  Czech Republic

Department for State Property Management, Ministry of Finance


Finance Ministry (in Danish)


Ministry of Finance


Ownership Steering Department, Prime Minister’s Office


Agence des Participations de l’État (in French)


Ministry of Finance, Directorate for Privatisation and Ownership (in German)


Hellenic Republic Asset Development Fund

General Secretariat of Tax Policy and Public Property, Hellenic Ministry of Finance (in Greek)


Hungarian National Asset Management Inc. – MNV 

Iceland flag - 35x20  Iceland

Ministry of Finance and Economic Affairs

Ireland_small  Ireland 

New Economy and Recovery Authority

National Treasury Management Agency

Israel_small  Israel  Government Companies Authority
Italy_small  Italy

Department of the Treasury

Japan_small  Japan‌

Ministry of Finance


Public Institutions Policy Bureau, Ministry of Economy and Finance

Latvia Cross-Sectoral Coordination Centre

Governance Coordination Centre

Luxembourg_small  Luxembourg 

Ministry of Finance

Mexico_small  Mexico

Secretariat of Finance and Public Credit (in Spanish) 

Netherlands_small  Netherlands

Ownership Unit, Ministry of Finance (in Dutch)

  New Zealand 

The Treasury (Company and Entity Performance Advice)


Ministry of Trade, Industry and Fisheries


Ministry of Finance

Portugal_small  Portugal

Secretariat of the General Directorate of Treasury and Finance (in Portuguese)

Slovak Republic_small  Slovak Republic

Ministry of Finance

Slovenia_small  Slovenia

Slovenian Sovereign Holding

Spain_small  Spain

Sociedad Estatal de Participaciones Industriales (SEPI), Ministry of Finance and Public Administration

Sweden_small  Sweden 

Ministry for Business, Industry and Innovation

Switzerland_small  Switzerland

Federal Department of Finance


Privatisation Administration (in Turkish)

  United Kingdom 

UK Government Investments

United States_small  United States

Department of the Treasury

Other Countries


Government agency(ies) charged with state ownership


Sindicatura General de la Nación - SIGEN (in Spanish)

  Azerbaijan  Azerbaijan Investment Holding (AIH) 
Brazil_small  Brazil

Department for SOEs, Ministry of Planning, Budget and Management (in Portuguese)

Bulgaria flag  Bulgaria

Public Enterprises and Control Agency (PECA)


State-Owned Assets Supervision and Administration Commission of the State Council (SASAC)

Croatia_small  Croatia

Ministry of Physical Planning, Construction and State Assets

India_small  India

Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises

Indonesia_small  Indonesia

Ministry of State Enterprises (in Indonesian)

Kazakhstan_small  Kazakhstan Ministry of National Economy
  Kenya Kenya National Treasury
Morocco_small  Morocco Ministère de l'Economie et des Finances (in French)
Peru_small  Peru National Fund for the Financing of Public Sector Companies - FONAFE (in Spanish)
Philippines_small  Philippines

Governance Commission for Government Owned or Controlled Corporations (GOCCs)

Romania_small  Romania

Ministry of Finance (in Romanian)

Saudi Arabia_small  Saudi Arabia

Public Investment Fund

Singapore_small  Singapore

State holding company - Temasek

  South Africa 

Department of Public Enterprises

Tunisia_small  Tunisia

Presidency of the Government

Thailand  Thailand

State Enterprise Policy Office (SEPO)

Ukraine_small  Ukraine Ministry of Economic Development and Trade
  Uzbekistan  The State Assets Management Agency of the Republic of Uzbekistan (UzSAMA)
Vietnam_small  Viet Nam

Commission for the Managementof State Capital at Enterprises

Ministry of Finance


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