nc Climate financing momentum builds By www.oecd.org Published On :: Wed, 07 Oct 2015 16:03:00 GMT Public and private finance mobilised by developed countries for climate action in developing countries reached USD 62 billion in 2014, up from USD 52 billion in 2013 and making an average of USD 57 billion annually over the 2013-14 period, according to a new OECD study in collaboration with Climate Policy Initiative (CPI). Full Article
nc The transition in the Mexican pensions system to one based on individual defined contribution accounts has increased its financial sustainability By www.oecd.org Published On :: Thu, 15 Oct 2015 14:42:00 GMT The reforms to the pensions system in Mexico, especially the introduction of a system of individual defined contribution accounts, have significantly improved the system’s financial sustainability. Full Article
nc New G20/OECD Principles of Corporate Governance to promote trust and improve the functioning of capital markets in Asia By www.oecd.org Published On :: Thu, 29 Oct 2015 04:00:00 GMT As part of continuing efforts to support market confidence and business integrity, the OECD has launched in Asia a new set of corporate governance principles that were endorsed at the G20 Finance Ministers meeting in September 2015. Full Article
nc Building resilience to climate change risks at the level of cities and SMEs By www.oecd.org Published On :: Thu, 29 Oct 2015 22:53:00 GMT 29 October 2015, Paris - Resilient cities and SMEs are critical to reducing the economic disruption from climate-related disaster events. In the run up to COP21, these remarks by Adrian Blundell-Wignall at the AXA-UNEP-PSI Conference on Climate Resilience address the importance of building resilience to climate change risks at the level of cities and SMEs. Full Article
nc Infrastructure financing instruments and incentives By www.oecd.org Published On :: Fri, 06 Nov 2015 11:44:00 GMT This taxonomy maps out the investment options available to private investors and the instruments and incentives available to attract private sector investment in infrastructure. Full Article
nc G20/OECD High-level Principles on SME Financing By www.oecd.org Published On :: Mon, 16 Nov 2015 10:37:00 GMT SMEs are important engines of innovation, growth, job creation and social cohesion. However, they can only reach their full potential if they obtain the finance necessary to start, sustain and grow their business. These voluntary principles provide broad guidelines on how to enhance access by SMEs to finance to help increase the contribution of SMEs to resilient and inclusive growth. Full Article
nc OECD-INFE Core Competencies Framework on Financial Literacy for Youth By www.oecd.org Published On :: Mon, 16 Nov 2015 18:58:00 GMT This document outlines the objectives and key components of the framework, and presents the flexible, outcome-based, core competencies framework itself. The framework is designed to be applicable to youth aged 15 to 18, describing the basic level of financial literacy that is likely to be needed by this group to fully and safely participate in economic and financial life. Full Article
nc National Strategies for Financial Education: OECD/INFE Policy Handbook By www.oecd.org Published On :: Mon, 16 Nov 2015 22:51:00 GMT Financial literacy has become a key life skill for individuals as well as micro and small businesses. Today, 59 economies worldwide are implementing national strategies using guidance from the OECD/INFE High-level Principles on National Strategies for Financial Education. The Policy Handbook describes the experiences of these economies and addresses challenges that countries have faced in implementing the Principles. Full Article
nc OECD/Euromoney Conference on long-term investment financing By www.oecd.org Published On :: Thu, 19 Nov 2015 11:22:00 GMT Paris, 19-20 November 2015: Bringing together senior executives representing the world’s largest institutional investors, senior policy makers and regulators, debates focused on issues affecting long-term investment, including: asset allocation concepts; regulation; governance; energy and natural resources; and, brownfield and greenfield infrastructure. Full Article
nc Special session on climate change and the insurance sector By www.oecd.org Published On :: Thu, 03 Dec 2015 09:57:00 GMT This event explored the potential contribution of the (re)insurance sector to climate change mitigation and adaptation, including: the role of the insurance sector in a climate change agreement; managing the financial risks of extreme events in a changing climate; investing in the transition to a low-carbon economy; and the role of regulators in addressing climate change risks. Full Article
nc Currency-based measures targeting banks - Balancing national regulation of risk and financial openness By dx.doi.org Published On :: Thu, 10 Dec 2015 08:55:00 GMT This paper reviews currency-based measures (CBMs) directed at banks in 49 countries between 2005 and 2013. These measures apply a discrimination, such as less favourable treatment, on the basis of the currency of an operation, typically foreign currencies. The new data shows that CBMs have been increasingly used in the post-crisis period, including for macro-prudential purposes. Full Article
nc COP21 session: Governance of institutional investments and climate change By www.oecd.org Published On :: Thu, 10 Dec 2015 20:07:00 GMT This OECD-UNEP COP21 session will explore whether the governance of institutional investments, including in particular any applicable fiduciary standards, adequately considers climate change-related risks and green finance opportunities, and whether guidelines may be needed in this area to support investment decision-making. Full Article
nc Financial education and the long-term integration of refugees and migrants By www.oecd.org Published On :: Wed, 03 Feb 2016 00:00:00 GMT This brochure looks at how financial education can contribute to longer term policies aimed at facilitating the integration of refugees. The provision of financial education, as a complement to supply-side financial inclusion initiatives as well as other education and health support, can support refugees and migrants by facilitating social and labour market inclusion as well as improve their (financial) well-being. Full Article
nc Finance and climate: The transition to a low-carbon and climate-resilient economy from a financial sector perspective By dx.doi.org Published On :: Wed, 03 Feb 2016 16:07:00 GMT Climate change is a major political and economic challenge. This paper sketches out its relevance for the financial sector. Necessary low-carbon investments imply a significant yet manageable financing gap. Beyond capital mobilisation that has attracted most attention until now, the main challenge is ensuring a transition-consistent capital reallocation. Full Article
nc Financial instruments for managing disaster risks related to climate change By dx.doi.org Published On :: Wed, 03 Feb 2016 16:09:00 GMT This article addresses the potential implications of climate change for the financial management of disaster risks. It outlines the contribution of insurance to reducing the economic disruption of disaster events and policy approaches to supporting the penetration of disaster insurance coverage and the capacity of insurance markets to absorb disaster risks. Full Article
nc Seminar on emerging trends in financial consumer protection across Asia By www.oecd.org Published On :: Thu, 04 Feb 2016 11:15:00 GMT 4-5 February 2016 - Mumbai, India: This seminar addressed emerging frameworks for financial consumer protection across Asia; financial markets and better outcomes for consumers; improving policy by analysing consumer complaints data; technology and alternative delivery channels and promoting financial consumer protection, inclusion and investor education. Full Article
nc Analytical tools for the insurance sector By www.oecd.org Published On :: Tue, 15 Mar 2016 16:30:00 GMT The OECD has been collecting and analysing official insurance statistics since the early 1980’s. In response to the financial crisis in 2008, the OECD has been expanding the scope of its Global Insurance Statistics exercise in order to extend its global reach. Full Article
nc Finance, amorality and double speak By www.oecd.org Published On :: Fri, 15 Apr 2016 12:27:00 GMT When I was interviewing 200 bankers and banking staff working in Europe's financial centre the City of London, perhaps the most telling was the language. Not so much the profanities– though there were many of those–nor the technical stuff and three-letter acronyms (TLAs). Most striking were terms that seemed designed to sidestep any possibility of ethical discussion. Full Article
nc Netherlands-OECD Global symposium on financial resilience throughout life By www.oecd.org Published On :: Wed, 20 Apr 2016 14:48:00 GMT Amsterdam, 20-21 April 2016: This symposium addressed the challenges of financial resilience throughout life and the importance of financial education. Full Article
nc Colombia: Review of the Financial System By www.oecd.org Published On :: Wed, 01 Jun 2016 15:56:00 GMT This review of Colombia by the by the OECD Committee on Financial Markets examines Colombia’s position with respect to core principles related to financial systems. Full Article
nc Latvia: Review of the Financial System By www.oecd.org Published On :: Wed, 01 Jun 2016 16:05:00 GMT This review of Latvia by the by the OECD Committee on Financial Markets examines Latvia’s position with respect to core principles related to financial systems. Full Article
nc OJK-OECD High-level Regional Seminar on Empowering MSMEs through Financial Literacy and Inclusion By www.oecd.org Published On :: Wed, 01 Jun 2016 18:45:00 GMT Jakarta, 1-2 June 2016: This seminar addressed the importance of financial literacy and financial education for empowering micro, small and medium-sized enterprises (MSMEs). Full Article
nc Latvia: Review of the Insurance System By www.oecd.org Published On :: Thu, 02 Jun 2016 16:09:00 GMT This review of Latvia by the OECD Working Party of Governmental Experts on Insurance examines Latvia’s position with respect to core principles related to insurance systems. Full Article
nc Launch of OECD Business and Finance Outlook 2016, Thursday 9 June 2016, 9:30-13:15, OECD Conference Centre By www.oecd.org Published On :: Fri, 03 Jun 2016 13:58:00 GMT What is blocking business investment and productivity growth? OECD Business and Finance Outlook 2016 will focus on fragmentation at all levels of the global economy: heterogeneous policies, rules, laws and industry practices that create perverse incentives and block business efficiency. Full Article
nc Financial Management of Flood Risk By www.oecd.org Published On :: Fri, 03 Jun 2016 23:52:00 GMT This publication applies the lessons from the OECD’s analysis of disaster risk financing practices and the development of guidance to the specific case of floods. This report provides an overview of the approaches that economies facing various levels of flood risk and economic development have taken to managing the financial impacts of floods. Full Article
nc The Financial Markets Outlook By Published On :: Thu, 09 Jun 2016 11:44:00 GMT The global economy is caught between two major headwinds: the reversal of the investment-heavy commodity supercycle; and the "L-shaped" recovery in advanced economies caused by the aftermath of the financial crisis and the interaction of re‐regulation with low and negative interest rates. This report analyses these issues and presents a financial outlook. Full Article
nc Fiscal incentives for R&D and innovation in a diverse world By dx.doi.org Published On :: Thu, 09 Jun 2016 12:02:00 GMT Public policy has an important role to play in promoting research and development (R&D) and the development, diffusion, and use of new knowledge and innovations. Fiscal incentives, including tax policies, should be directed at specific barriers, impediments or synergies to facilitate the desired level of investment in R&D and innovations. Full Article
nc Corporate finance and productivity By dx.doi.org Published On :: Thu, 09 Jun 2016 16:14:00 GMT One of the puzzles of the post-crisis period is low observed aggregate productivity growth. This report dissects the problem using the company and sector value-added data of more than 11,000 of the world’s largest listed non-financial and non-real-estate companies, taken from 20 different industry sectors. Full Article
nc Estimating the size and incidence of bank resolution costs for selected banks in OECD countries By www.oecd.org Published On :: Thu, 07 Jul 2016 10:52:00 GMT This report provides estimates of the costs associated with bank resolution both in terms of the expected costs that might arise should a bank fail (i.e. as "ex-post" costs), as well as the cost associated with the likelihood that a solvent bank might fail (i.e. as "ex-ante" costs) over the next year. Full Article
nc G20-OECD-INFE Core Competencies Framework on Financial Literacy for Adults By www.oecd.org Published On :: Mon, 29 Aug 2016 09:35:00 GMT This document outlines the objectives and key components of the framework, and presents the flexible, outcome-based, core competencies framework itself. The framework is designed to be applicable to adults aged 18 and over, describing the basic level of financial literacy that is likely to be needed by this group to fully and safely participate in economic and financial life. Full Article
nc Core competencies frameworks on financial literacy By www.oecd.org Published On :: Tue, 30 Aug 2016 10:29:00 GMT The core competencies frameworks on financial literacy highlight a range of financial literacy outcomes that may be considered important for adults, youth, or owners and managers of micro, small and medium-sized enterprises (MSMEs) and of potential entrepreneurs.The core competencies frameworks on financial literacy for youth and adults were developed in response to a call from G20 Leaders in 2013. Full Article
nc OECD financial literacy study finds many adults struggle with money matters By www.oecd.org Published On :: Wed, 12 Oct 2016 15:15:00 GMT 12/10/2016 – Adults in many countries around the world display low levels of financial knowledge, fail to engage in financial behaviours that could improve their financial security and have financial attitudes oriented towards the short-term, as shown in the OECD/INFE International Survey of Adult Financial Literacy Competencies released today. Full Article
nc OECD/INFE International Survey of Adult Financial Literacy Competencies By www.oecd.org Published On :: Wed, 12 Oct 2016 17:20:00 GMT This report contains the results of an international data collection survey that measured the financial literacy and financial inclusion of adults. A total of 51,650 adults aged 18 to 79 from 30 countries and economies participated in the survey. Full Article
nc NZ-OECD Global Symposium on Financial Education By www.oecd.org Published On :: Wed, 12 Oct 2016 17:25:00 GMT Auckland, New Zealand, 12-13 October 2016. Discussions focused on innovative policies and strategies around financial education and consumer protection. Full Article
nc Student loans, indebtedness, and financial literacy in the United States By oecdinsights.org Published On :: Thu, 03 Nov 2016 13:49:00 GMT Annamaria Lusardi is the Denit Trust Chair of Economics and Accountancy at the George Washington University School of Business. Following the release of new data focused on Americans’ financial capability, she draws attention to some of the findings in the study, focusing on three areas of great importance to the personal finances of Americans: student loans, indebtedness, and financial literacy. Full Article
nc How do policies influence GDP tail risks? By www.oecd.org Published On :: Tue, 15 Nov 2016 10:59:00 GMT This paper explores the relationship between policy settings and extreme positive and negative growth events, what we call GDP tail risks, using quantile regression methods. Full Article
nc Can reforms promoting growth increase financial fragility? An empirical assessment By www.oecd.org Published On :: Tue, 15 Nov 2016 11:14:00 GMT Certain growth-promoting policies can have negative side-effects by increasing the vulnerability of economies to financial crises. Typical examples are greater openness to financial flows or more liberalised financial markets. Full Article
nc OECD to launch Pensions Outlook 2016 Monday 5 December By www.oecd.org Published On :: Thu, 01 Dec 2016 10:29:00 GMT OECD Pensions Outlook 2016, to be published on Monday 5 December at 12p.m. Paris time, assesses policy issues regarding strengthening pension systems and, in particular, funded pension plans. Full Article
nc Incentivising lending to SMEs with the Funding for Lending Scheme: some evidence from bank-level data in the United Kingdom By www.oecd.org Published On :: Thu, 08 Dec 2016 12:37:00 GMT This study explores the effectiveness of the incentive mechanisms embedded within the UK’s Funding for Lending Scheme (FLS) for banks’ to expand their supply of lending to medium sized enterprises (SMEs). Full Article
nc OECD Insurance Statistics By www.oecd.org Published On :: Tue, 03 Jan 2017 15:23:00 GMT The OECD collects and analyses data on various insurance statistics such as the number of insurance companies and employees, insurance premiums and investments by insurance companies. Full Article
nc Conditions for establishment of subsidiaries and branches in the provision of banking services by non-resident institutions By www.oecd.org Published On :: Fri, 27 Jan 2017 14:58:00 GMT In 2014, the Financial Stability Board (FSB), in collaboration with the IMF and OECD, prepared a report for G20 leaders that sought to assess the cross-border consistencies and global financial stability implications of structural banking reform measures. To further examine structural banking reform measures taken since 2008, the OECD circulated a survey. This report describes the outcome of this survey. Full Article
nc OECD Recommendation on Disaster Risk Financing Strategies By www.oecd.org Published On :: Thu, 23 Feb 2017 12:56:00 GMT Adopted by the OECD Council on 23 February 2017, this Recommendation provides high-level policy guidance for designing a strategy for addressing the financial impacts of disasters on individuals, businesses and sub-national levels of governments, as well as the implication for public finances. Full Article
nc Conference on business, finance and gender By www.oecd.org Published On :: Wed, 08 Mar 2017 16:09:00 GMT Paris, 8 March 2017: Taking place on International Women's Day, this OECD-hosted conference considered questions such as gender differences in financial literacy and inclusion; women working in the informal economy and the role of business: gender differences in the changing pensions landscape; empowering women to fight back against corruption and engaging men to support gender equality in the workplace. Full Article
nc Financial education for micro, small and medium-sized enterprises in Asia By www.oecd.org Published On :: Wed, 15 Mar 2017 11:51:00 GMT This paper describes and provides guidance on policy and practice relating to financial education for MSMEs and potential entrepreneurs in Asia, with a particular focus on Indonesia. Full Article
nc Behavioural economics and financial consumer protection By dx.doi.org Published On :: Wed, 15 Mar 2017 14:43:00 GMT This paper looks at the application of behavioural economics in the area of financial consumer protection and how numerous governments are testing and implementing its application for policies promoting financial consumer protection. It highlights the opportunity for behavioural economics to help provide cost-efficient ways of making policy more effective at promoting positive outcomes for consumers. Full Article
nc 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
nc 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
nc 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
nc Supporting an effective cyber insurance market By www.oecd.org Published On :: Sat, 13 May 2017 11:15:00 GMT 13/05/2017 - With the frequency and scope of cyber incidents growing significantly, this report provides an overview of the market for cyber insurance as well as the current challenges in terms of data availability, quantification of cyber risks, awareness and misunderstanding about coverage. It identifies potential policy measures to address some of the main challenges to the development of an effective cyber insurance market. Full Article
nc Launch: OECD PISA financial literacy assessment of students By www.oecd.org Published On :: Wed, 24 May 2017 10:30:00 GMT 24 May 2017: PISA 2015 Results (Volume IV): Students’ Financial Literacy explores students’ experience with and knowledge about money and provides an overall picture of 15-year-olds’ ability to apply their accumulated knowledge and skills to real-life situations involving financial issues and decisions. Full Article