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The Directorate for Financial and Enterprise Affairs (DAF, www.oecd.org/daf) helps governments to improve the domestic and global policies that affect business and markets. DAF identifies policies and best practices designed to keep markets open, competitive and sustainable while combating market abuses and economic crime through international co-operation. It works in the fields of anti corruption, corporate governance, competition law and policy, investment, financial markets, insurance, private pensions, and private sector development.
What's new
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01-Dec-2008
Governments should crack down on tax evasion to raise tax revenues as part of broader efforts to help maintain the flow of aid to developing countries during the global economic downturn, said OECD Secretary-General Angel Gurría in a speech at the UN International Conference on Financing for Development.
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26-Nov-2008
This publication reviews Chinese government efforts to encourage responsible business conduct against the backdrop of recent regulatory changes and China's increasing outward investment. It assesses the extent to which China's legal and regulatory framework for investment has been improved since the 2006 Review and evaluates recent improvements in China's FDI statistics.
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21-Nov-2008
This Review, undertaken as a part of Peru's adherence process and in co-operation with Peruvian authorities, shows the country's achievements in establishing an open and transparent investment regime with a limited number of restrictions, enabling Peru to rank among the most open economies.
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18-Nov-2008
As the financial crisis has evolved into a global economic crisis, the outlook for FDI has likewise darkened. On current trend, inflows will be down 13% and outflows by 6% by the end of the year. But, given the speed with which the global economic crisis deepened during Q3 and into Q4 of 2008, it seems likely flows will fall sharply in the second half of 2008 and continue to decline into 2009.
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06-Nov-2008
OECD and Central Asian countries are to work together on a regional initiative to boost the business climate, drawing on OECD countries’ experience in policy reforms aimed at spurring investment and competitiveness.
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30-Oct-2008
El Salvador’s first competition law took effect on 1 January 2006. Jointly published by OECD and the IDB, this report reviews competition laws and policies in El Salvador since that date and provides recommendations for further reforms. This report is also available in Spanish.
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17-Oct-2008
The OECD's Working Group on Bribery sharply criticized the United Kingdom's failure to bring its anti-bribery laws into line with its international obligations under the OECD Anti-Bribery Convention and urged the rapid introduction of new legislation. In light of numerous issues of serious concern, the Working Group has requested the UK to provide quarterly reports on legislative progress for each Working Group meeting.
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15-Oct-2008
OECD welcomes the co-ordinated efforts of political leaders and financial authorities to address issues of liquidity, solvency and recapitalisation of the financial system. Looking beyond crisis management, Mr Gurría said the OECD will focus on the structural implications of the financial crisis, including a more holistic culture of risk management, compensation issues, accountable management, and more effective regulation. “We will also make proposals for improved financial education and risk awareness to restore the confidence of consumers of financial services,” he added.
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29-Oct-2008
First presented at the IMF/World Bank meetings on 11 October 2008, the OECD guidance, together with the Santiago Principles for SWFs, provides the international community with a robust framework for promoting mutual trust and confidence and reaping the full benefits of SWF investments for home and host countries.
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02-Oct-2008
Speaking on the occasion of an annual report to the Parliamentary Assembly of the Council of Europe on the outlook for the world economy, OECD Secretary-General Angel Gurría spoke about the impact of the financial crisis and OECD's work to produce a more inclusive globalisation.
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25-Sep-2008
Good corporate governance is one of the keys to healthy financial markets in today’s globalised economy. Amid current market turmoil, OECD Secretary-General Angel Gurría has called for a new drive to raise standards and performance in this area.
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