on Responsible business conduct for institutional investors: Key considerations for due diligence under the OECD Guidelines for Multinational Enterprises By www.oecd.org Published On :: Tue, 28 Mar 2017 23:08:00 GMT Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. This paper will help institutional investors implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in order to prevent or address adverse impacts related to human and labour rights, the environment, and corruption in their investment portfolios. Full Article
on Ensuring financial education and consumer protection for all in the digital age By www.oecd.org Published On :: Thu, 20 Apr 2017 09:35:00 GMT This report discusses the implications of the digitalisation of finance for financial education and relevant consumer protection issues and provides an overview of digital financial services around the world. Full Article
on Investment governance and the integration of environmental, social and governance factors By www.oecd.org Published On :: Tue, 02 May 2017 16:37:00 GMT This paper presents the findings of an international stocktaking of the regulatory frameworks that apply to institutional investment in different jurisdictions and how these frameworks are interpreted by institutional investors in terms of their ability or responsibility to integrate environmental, social and governance (ESG) factors in their governance processes. Full Article
on Many teenagers struggle to understand money matters By www.oecd.org Published On :: Wed, 24 May 2017 11:00:00 GMT Around one in four students in the 15 countries and economies* that took part in the latest OECD Programme for International Student Assessment (PISA) test of financial literacy are unable to make even simple decisions on everyday spending, while only one in ten can understand complex issues, such as income tax. Full Article
on Can better international co-operation help build a fairer global economy? By www.oecd.org Published On :: Tue, 30 May 2017 14:12:00 GMT Drawing on data presented in the 2017 OECD Business and Finance Outlook, this article looks at some of the forces influencing recent economic developments and asks what can be done to ensure a “fairer” global economy. Full Article
on Increased international co-operation on financial and corporate issues essential to making globalisation work for all By www.oecd.org Published On :: Tue, 30 May 2017 15:17:00 GMT Globalisation has failed to create a level playing field in trade, investment and corporate behaviour, being one of the factors contributing to a backlash against openness in many countries and a decline in confidence in government institutions. Full Article
on The empirics of enabling investment and innovation in renewable energy By dx.doi.org Published On :: Wed, 31 May 2017 15:28:00 GMT This working paper assesses the impact of climate mitigation policies and the quality of the investment environment on investment and innovation in renewable power in OECD and G20 countries. It also examines how countries’ investment environments interact with climate mitigation policies to influence investment and patent activity in renewable power. Full Article
on Better but not good enough: New approaches are needed to make globalisation work for all, OECD says in latest Economic Outlook By www.oecd.org Published On :: Wed, 07 Jun 2017 15:33:00 GMT The global economy is expected to pick up moderately but greater efforts are needed to ensure that the benefits from growth and globalisation are more widely shared, according to the OECD’s latest Economic Outlook. Full Article
on Seminar on pension foresight: Envisaging retirement income plans of the future By www.oecd.org Published On :: Wed, 21 Jun 2017 11:54:00 GMT 21 June 2017, Paris: Co-organised by the International Network for Pensions, Aging, and Retirement Research (INPARR), the OECD and IOPS, this seminar provided a window into the latest thinking and research that sheds light on where pension plans and designs are headed in the future and challenges to their future sustainability and efficiency. Full Article
on G20/OECD INFE report on adult financial literacy in G20 countries By www.oecd.org Published On :: Sat, 08 Jul 2017 15:14:00 GMT This report describes the levels of financial literacy of adults in G20 countries and the Netherlands and Norway, guest countries under the G20 German Presidency. It was presented to G20 Leaders at their 2017 Summit meeting in Hamburg on 8 July 2017. Full Article
on Open and Orderly Capital Movements: Interventions from the 2016 OECD High-Level Seminar By www.oecd.org Published On :: Mon, 10 Jul 2017 15:17:00 GMT This collection compiles the contributions of senior policy experts, academics, and economic practitioners on developments in the financial integration and financial regulation of cross-border capital flows since the 2008 global financial crisis at the OECD High-Level Seminar “Open and Orderly Capital Movements” held in October 2016. Full Article
on Coping with the financial consequences of devastating floods By www.oecd.org Published On :: Thu, 07 Sep 2017 08:37:00 GMT 07/09/2017 - Flooding is one of the most common, wide-reaching and destructive natural perils, affecting on average about 250 million people around the world each year. OECD work on the financial management of flood risk has identified a number of ways that policy makers can improve the way they manage the financial implications of floods. Full Article
on Technology and innovation in the insurance sector By www.oecd.org Published On :: Fri, 08 Sep 2017 17:15:00 GMT “Insurtech”is the term being used to describe the new technologies with the potential to bring innovation to the insurance sector and impact the regulatory practices of insurance markets. This report catalogues these technologies and examines how InsurTech is being funded and how insurers are engaging with the start-ups entering the market. Full Article
on Financial Education for MSMEs and Potential Entrepreneurs By dx.doi.org Published On :: Mon, 25 Sep 2017 10:19:00 GMT While the contribution of MSMEs to national economies is widely recognised, their financial education needs are not always being met and low levels of financial literacy pose a potential barrier to successful business creation and growth. Covering 21 economies, this stocktaking report identifies the main policy challenges and good practices. Full Article
on OECD-ADBI-SBV Conference on Financial Literacy and Consumer Protection By www.oecd.org Published On :: Tue, 03 Oct 2017 15:27:00 GMT Hanoi, Vietnam, 3-4 October 2017. This conference provided a forum to discuss best practices on developing financial education and consumer protection in Vietnam and other Southeast Asian countries. Full Article
on Gender gaps in financial literacy and financial education By bit.ly Published On :: Wed, 04 Oct 2017 17:06:00 GMT This chapter from "The Pursuit of Gender Equality: An Uphill Battle" shows that two-thirds of the 30 economies participating in a financial literacy survey reported that gender differences in financial knowledge and confidence persist. Full Article
on 2017 OECD/IOPS Global Forum on Private Pensions By www.oecd.org Published On :: Tue, 24 Oct 2017 11:41:00 GMT 24-25 October 2017, Mauritius - The 2017 global forum explored current trends in global private pension systems and the ways in which pension regulatory and supervisory authorities are managing and reacting to those trends. Full Article
on Private pensions make post-crisis comeback By bit.ly Published On :: Tue, 24 Oct 2017 18:47:00 GMT In 2016, private pension assets reached their highest-ever level at over USD38 trillion in OECD countries, according to Pensions Markets in Focus. Investment losses resulting from the financial crisis have been recouped in almost all reporting OECD countries. Full Article
on India-OECD Global Symposium on Financial Education By www.oecd.org Published On :: Wed, 08 Nov 2017 17:23:00 GMT New Delhi, India, 8-9 November 2017. This symposium looked at how to implement effective financial education policies in a changing financial landscape with a focus on financial education in the digital age. Full Article
on OECD Guidelines on Insurer Governance By www.oecd.org Published On :: Thu, 16 Nov 2017 11:28:00 GMT 16 November 2017 - The OECD Guidelines on Insurer Governance provide guidance and serve as a reference point for insurers, governmental authorities, and other relevant stakeholders in OECD and non-OECD countries. The Guidelines have been revised and expanded to reflect evolving market practices and updates to international guidance following the financial crisis. Full Article
on Robo-Advice for Pensions By www.oecd.org Published On :: Mon, 04 Dec 2017 10:10:00 GMT Riding the wave of technological innovation in finance, the robo-advice model has emerged as one potential solution for helping individuals manage their pensions and invest savings for retirement. This report provides an overview of the types of robo-advisors that are now available and discusses the potential benefits, risks and challenges of such platforms. Full Article
on Technology and Pensions By www.oecd.org Published On :: Mon, 04 Dec 2017 10:51:00 GMT Innovative applications of technology for financial services, or FinTech, are already being used to improve communication with consumers and their engagement with their pension plans. This report provides an overview of how technology is being used to improve pension design and delivery and how regulators are managing these changes. Full Article
on 8th Annual OECD High-level Breakfast on Institutional Investors and the Low-carbon Transition By www.oecd.org Published On :: Mon, 11 Dec 2017 11:15:00 GMT 11 December 2017, OECD Paris - The 8th annual OECD high-level breakfast event brings together leading investors and senior government officials for informal, focused dialogue, to examine key developments and identify solutions to enable achievement of NDCs and the two-degree commitment. Full Article
on 2018 Meeting of the G20 Global Infrastructure Connectivity Alliance By www.oecd.org Published On :: Thu, 25 Jan 2018 23:56:00 GMT 25-26 January 2018 - The first annual meeting of the G20 Global Infrastructure Connectivity Alliance will bring together policy makers and practitioners to discuss the state of play in global connectivity, innovative practices and the outlook for connectivity. Full Article
on The cyber insurance market: Responding to a risk with few boundaries By www.oecd.org Published On :: Wed, 21 Feb 2018 22:24:00 GMT With the growth of cybercrime, and intensive media coverage of privacy breaches and ransomware attacks over the last year, could complacency about cyber risks soon be a thing of the past? Bill Below and Leigh Wolfrom of the OECD Directorate for Financial and Enterprise Affairs look at some of the challenges to insuring cyber risk. Full Article
on Conference on unleashing the potential of the cyber insurance market By www.oecd.org Published On :: Thu, 22 Feb 2018 09:28:00 GMT 22-23 February 2018, Paris - The potential role of the nascent cyber insurance market in enhancing cyber resilience is increasingly being recognised by policy makers. This conference provided an opportunity to exchange knowledge and share experiences on addressing the challenges impeding the development of the cyber insurance market. Full Article
on International Seminar on Pension Supervision and Regulation 2018 By www.oecd.org Published On :: Thu, 22 Feb 2018 16:38:00 GMT 23 February 2018, Dublin - This event focussed on how to build better retirement by ensuring value for money, implementing automatic enrolment and designing retirement pay-outs. Full Article
on 18th Tokyo Roundtable on Capital Market and Financial Reform in Asia By www.oecd.org Published On :: Thu, 01 Mar 2018 10:50:00 GMT The roundtable offers a forum for regulators, policy makers, experts, practitioners, scholars and international organisations in Asia. This year’s edition will focus on recent developments in capital markets and on capital markets of the future. Full Article
on The opportunity of robo-advice for pension savings By t.co Published On :: Mon, 12 Mar 2018 16:54:00 GMT Riding the wave of technological innovation in finance, the robo-advice model has emerged as one potential solution to increase the accessibility and affordability of getting help to invest savings for retirement. OECD's Jessica Mosher looks at the potential benefits, risks and challenges. Full Article
on Financial inclusion and literacy in the South American Andes By bit.ly Published On :: Sun, 25 Mar 2018 13:16:00 GMT Focusing on Bolivia, Colombia, Ecuador, and Peru, Maria José Roa, a Senior Researcher at the Center for Latin American Monetary Studies, looks at how financial literacy survey results can play a role in the development of financial inclusion strategies Full Article
on Video series: Perspectives on green finance and investment By www.oecd.org Published On :: Fri, 30 Mar 2018 10:38:00 GMT Leading actors across the green finance and investment community talk to the OECD about what has to be done to achieve the objectives of the Paris Agreement and the broader set of environmental objectives linked to the Sustainable Development Goals (SDGs). Full Article
on Financial markets, insurance and pensions: Digitalisation and Finance By www.oecd.org Published On :: Mon, 09 Apr 2018 10:13:00 GMT This publication compiles a series of articles that focus on the impact of digitalisation and technology in the areas of financial markets, insurance, and private pensions. It also discusses the tools and policies needed to ensure that the challenges posed by digitalisation result in better outcomes and better management of the risks involved. Full Article
on Survey of Large Pension Funds and Public Pension Reserve Funds By www.oecd.org Published On :: Thu, 12 Apr 2018 12:28:00 GMT The survey monitors and compares the investment behaviour, asset levels, and performances of the largest institutional investors in each region or country covered and analyses in greater depth the general trends observed at a national level. Full Article
on 2018 Roundtable on Insurance and Retirement Saving in Asia By www.oecd.org Published On :: Wed, 25 Apr 2018 15:23:00 GMT 25-26 April 2018, Tokyo - This event will bring together key stakeholders from the Asia Pacific region to discuss policy issues relevant to the sound development of insurance and private pensions markets. Full Article
on Financial inclusion and consumer empowerment in Southeast Asia By www.oecd.org Published On :: Thu, 03 May 2018 17:35:00 GMT Although financial inclusion levels have improved in all Southeast Asian countries in recent years, levels remain relatively low in some countries. This report evaluates current levels of financial inclusion and financial literacy in Southeast Asia and describes the policies and programmes developed to support financial inclusion, education and consumer protection. Full Article
on OECD Workshop on digital financial assets By www.oecd.org Published On :: Tue, 15 May 2018 13:34:00 GMT Paris, 15-16 May 2018 - This workshop will focus on recent developments and main policy challenges related to the emergence of digital financial assets. Discussions will cover monetary policy and financial systems, regulation, firms’ business and funding models, and taxation. Full Article
on Women in economics: The unknown cost of gender imbalance By www.oecd.org Published On :: Fri, 25 May 2018 14:56:00 GMT Paris, 25 May 2018 - Following a keynote speech from Emmanuelle Auriol, Professor at Toulouse School of Economics and Chair of Women in Economics of the European Economic Association, discussions at this event will explore some of the issues emerging from the gender biases evident in the field of economics. Full Article
on The Application of Behavioural Insights to Financial Literacy and Investor Education Programmes and Initiatives By www.oecd.org Published On :: Wed, 30 May 2018 08:47:00 GMT Behavioural insights have the potential to enhance the effectiveness of financial literacy and investor education initiatives. This IOSCO/OECD report explores the extent to which they are being used, reviews the available literature and presents various approaches for policy makers and practitioners to consider when seeking to change financial behaviour. Full Article
on G20-OECD Policy Guidance Financial Consumer Protection Approaches in the Digital Age By www.oecd.org Published On :: Tue, 24 Jul 2018 11:22:00 GMT The increasingly digital environment for financial products and services and the potential for digitalisation to support greater financial inclusion and inclusive growth, makes effective financial consumer protection more important than ever. This policy guidance focuses on areas related to the role of oversight bodies and disclosure and transparency. Full Article
on G20-OECD INFE Policy Guidance Digitalisation and Financial Literacy By www.oecd.org Published On :: Tue, 24 Jul 2018 11:28:00 GMT The digitalisation of financial products and services, and the consequent need to strengthen digital financial literacy has become an important component of the global policy-making agenda. This guidance aims to identify and promote effective initiatives that enhance digital and financial literacy in light of the unique characteristics, advantages, and risks of digital financial services and channels. Full Article
on Mr. Angel Gurría, Secretary-General of the OECD, in Vienna on 7-8 September 2018 By www.oecd.org Published On :: Thu, 06 Sep 2018 09:15:00 GMT Mr. Angel Gurría, Secretary-General of the OECD, was in Vienna on 7-8 September 2018 to attend the Eurogroup Meeting / Informal Meeting of Economic and Financial Affairs Ministers (ECOFIN). Full Article
on Seminar on Quality Infrastructure Investment By www.oecd.org Published On :: Wed, 12 Sep 2018 17:23:00 GMT This seminar, jointly organised by the OECD and the Ministry of Finance of Japan, will address quality infrastructure investment, governance, planning and technology issues as well as data collection and benchmarking for quality infrastructure. It is taking place on 12-13 September 2018, in Tokyo, Japan. Full Article
on OECD INFE core competencies framework on financial literacy for MSMEs By www.oecd.org Published On :: Tue, 18 Sep 2018 12:32:00 GMT This document contains a high-level, outcome-based, internationally relevant, core competencies framework on financial literacy for micro, small and medium-sized enterprises (MSMEs) and potential entrepreneurs. It highlights a range of outcomes that may be important to sustain or improve their financial literacy. Full Article
on OECD-Russia symposium on financial literacy By www.oecd.org Published On :: Thu, 04 Oct 2018 16:11:00 GMT 4-5 October 2018, Moscow, Russian Federation: The symposium will focus on innovative implementation approaches to deliver global progress on financial literacy. Full Article
on 2018 OECD/IOPS Global Forum on Private Pensions By www.oecd.org Published On :: Thu, 25 Oct 2018 17:23:00 GMT 25-26 October 2018, Beijing, China - The 2018 Global Forum was entitled “Designing pension systems to cope with the ageing challenge” and was jointly organised by the OECD, the International Organisation of Pension Supervisors (IOPS) and the China Banking and Insurance Regulatory Commission (CBIRC), China. Full Article
on OECD Committee on Financial Markets Elects New Chair By www.oecd.org Published On :: Fri, 26 Oct 2018 20:07:00 GMT 26/10/2018 - The OECD Committee on Financial Markets has confirmed the appointment of Aerdt Houben, Director of the Financial Markets Division at De Nederlandsche Bank, as its Chair. Full Article
on 2018 Annual Meeting of the OECD CVM Centre on Financial Education and Literacy in Latin America and the Caribbean By www.oecd.org Published On :: Mon, 12 Nov 2018 10:23:00 GMT 12-13 November 2018, São Paulo, Brazil - A series of events addressing the most recent trends, opportunities and challenges in financial education will be co-hosted by the OECD and CVM Brazil. Full Article
on 2018 OECD Workshop on Data Collection for Sustainable Infrastructure – Infrastructure Data Initiative By www.oecd.org Published On :: Thu, 15 Nov 2018 11:41:00 GMT 15 November 2018, Paris - This Workshop will bring together academics, public stakeholders and industry experts to discuss using blockchain technology to unlock data for AI and financial sustainability and quality benchmarks Full Article
on Public Consultation: Recommendation on Consumer Protection in the Field of Consumer Credit By www.oecd.org Published On :: Fri, 23 Nov 2018 18:59:00 GMT 21/11/2018 - The OECD is currently updating its 1977 Recommendation on Consumer Protection in the field of Consumer Credit to ensure that it remains the relevant international standard. The draft text is available for public comment until 21 December 2018. Full Article
on Conference on the Role of Financial Education and Consumer Protection in Supporting Financial Inclusion in Southeast Asia By www.oecd.org Published On :: Tue, 27 Nov 2018 11:37:00 GMT 26-27 November 2018, Vientiane, Lao People's Democratic Republic. The conference will provide a forum to discuss best practices on developing financial education and consumer protection in supporting financial inclusion in Lao P.D.R and other Southeast Asian countries. Full Article