Corporate governance and corporate finance

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 other non-OECD G20 countries (India, Indonesia, People’s Republic of China, Russian Federation, Saudi Arabia and South Africa), Bulgaria, Croatia, Malaysia, Mongolia, 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


Government Businesses Advice Branch, Department of Finance and Deregulation


State Holding Company – ÖBIB

Belgium_small Belgium

Société Fédérale de Participations et d'Investissement


Treasury Board of Canada Secretariat


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

Colombia_small  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 


Privatisation and Ownership Unit, Ministry of Finance (in German)


Hellenic Republic Asset Development Fund

General Secretariat of Tax Policy and Public Property, Hellenic Ministry of Finance


Hungarian National Asset Management Inc. – MNV 

Ireland_small  Ireland 

New Economy and Recovery Authority  

National Treasury Management Agency 

Israel_small  Israel  Government Companies Authority (in Hebrew)
Italy_small  Italy

Finance and Privatisations Directorate, Department of Treasury

Iceland_small  Iceland

Ministry of Finance

Japan_small  Japan‌

Ministry of Finance

Korea_small  Korea

Public Institutions Policy Bureau, Ministry of Strategy and Finance

ALIO Public Information System (in Korean) 

Latvia  Latvia Cross-Sectoral Coordination Centre

State-Owned Enterprise Governance Coordination Department (in Lithuanian)

Luxembourg_small  Luxembourg 

Ministry of Finance

Mexico_small  Mexico

Secretariat of Finance and Public Credit

Netherlands_small  Netherlands

Ownership Unit, Ministry of Finance (in Dutch)

  New Zealand 

Commercial Operations, Treasury 


Ministry of Trade, Industry and Fisheries 


Ministry of Treasury 

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 

Government Offices of Sweden 

Switzerland_small  Switzerland

Federal Department of Finance


Directorate General of State-Owned Enterprise, Undersecretariat of Treasury

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

Argentina_small  Argentina

Sindicatura General de la Nación (SIGEN)

Brazil_small  Brazil

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

Bulgaria_small  Bulgaria

Agency of Public Enterprises and Control (PECA); Minister of Finance; Minister of Economy


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
Mongolia_small  Mongolia Government Agency for Policy Coordination on State Property (Mongol)
Morocco_small  Morocco Ministère de l'Economie et des Finances
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

Ministerul Finanțelor (Romania Minictry of Finance) 


Federal Agency for Management of State Property – Rosimushchestvo

Saudi Arabia_small  Saudi Arabia

Public Investment Fund

Singapore_small  Singapore


  South Africa 

Department of Public Enterprises

Tunisia_small  Tunisia

Presidency of the Government (in French)

Ukraine_small  Ukraine Ministry of Economic Development and Trade
Vietnam_small  Viet Nam Commission for Management of State Capital at Enterprises (CMSC); Vietnam Ministry of Finance


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