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MENA-OECD Working Group Taking Action for Sound Corporate Governance


 Published on: 22-Apr-2019

The MENA-OECD working group on corporate governance met in the OECD headquarters in Paris during the period 17-18 April 2019. The meeting discussed issues related to developing strategies to improve access to capital and taking action for greater transparency and disclosure, in addition to gender balance in corporate leadership. The meeting also discussed issues on implementing change to boost the corporate governance of state-owned enterprises and implementing the G20-OECD principles as well as future steps for cooperation between OECD and MENA economies.

The UASA’s Secretary General, Jalil Tarif, participated in the meeting and provided a presentation during the second session on driving the implementation of policies to improve access to capital. The presentation discussed the main obstacles threatening the implantation of the policies to promote greater access to equity markets in the MENA economies and what is the role of international cooperation in enhancing the capacity of key institutions to encourage more dynamic capital markets. Moreover, the presentation discussed the strategies that are in place in the MENA economies to further develop domestic investor base including facilitating the access to capital for small and medium enterprises (SMEs), protection of minority shareholders, and enhancing transparency of related parties’ transactions.
 

 

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