Friday 26 September 2008

OECD Corporate Governance Principles - new edition likely

The Secretary General of the OECDAngel Gurría, has provided a strong indication that the OECD's Corporate Governance Principles will soon be updated. At a recent conference, against the background of financial crisis, the Secretary General observed that strengthening the rules, regulations and codes of corporate governance was central to rebuilding investor confidence.  

During the next month the OECD is holding meetings with Government representatives, regulators and other stakeholders.  A statement of findings and recommendations will be made following the next meeting of the OECD's Steering Group on Corporate Governance (scheduled for 19 and 20 November).

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