Contribution du TUAC
Sovereign Wealth Funds: TUAC's recommendations to the OECD
Document prepared for a TUAC consultation meeting with the OECD Investment Committee.
As outlined in the paper, TUAC makes the following recommendations to OECD governments, including members of the Investment Committee.
In order to avoid double standards in the policy treatment of un-regulated investors – which also include hedge funds and private equity – the OECD should insert the policy issue of SWF within a broader discussion on international investment and regulation of financial markets.
The OECD should engage dialogue with SWFs and their home governments on the joint implementation of the OECD Guidelines for Multinational Enterprises, the OECD Guidelines on Corporate Governance of State-Owned Enterprises, as well as relevant pension governance and asset management related OECD Guidelines.
OECD governments should integrate the role of SWFs in the necessary dialogue with emerging economies on coordination of fiscal and budgetary policies to rebalance growth between world regions.
Attachment also includes the OECD background paper to the consultation.