Governance and Transparency

Good governance and transparency to promote investment and stability

Over the last years, an increasing number of international organizations and initiatives have put greater emphasis on improving governance structures, increasing transparency of business transactions and preventing corruption. A robust international agreement that will provide a level playing field in these areas was adopted and came into force. Companies and other stakeholders have collectively engaged in improving the transparency of their business environment and individual companies have strengthened their internal controls and compliance programs. Through these concerted efforts, in many places corruption is no longer seen as part of the “normal” way of doing business and an improved and more transparent economic environment has supported investment and stability.

Financial organizations play a crucial role in supporting transparency and stability of markets and through their active engagement can provide leadership and support activities undertaken by companies. Investors have recognized that a company’s ability to capture opportunities linked to greater transparency, disclosure and accountability, is directly related to long-term financial performance and are more actively engaging in initiatives supporting transparency. This session will explore how financial institution can engage with companies around governance and transparency issues and support their efforts in strengthening policies, processes and activities. The Session will explore: