in 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
in 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
in 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
in 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
in 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
in 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
in 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
in 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
in Business brief: Insuring well-being in a changing world By www.oecd.org Published On :: Fri, 19 May 2017 17:02:00 GMT Insurance is invisible yet it is everywhere. It is intimately linked to how people live their lives, grow their businesses, save and invest their incomes, anticipate what is essential to them and how they protect themselves against risk. Full Article
in 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
in OECD Business and Finance Scoreboard By www.oecd.org Published On :: Tue, 30 May 2017 09:22:00 GMT The OECD Business and Finance Scoreboard accompanies the OECD Business and Finance Outlook by providing a commented overview of selected indicators and data related to corporate performance, banking, capital markets, pensions and investments. Full Article
in 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
in 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
in 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
in 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
in 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
in 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
in 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
in 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
in 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
in 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
in 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
in 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
in Lithuania: Review of the Financial System By www.oecd.org Published On :: Thu, 02 Nov 2017 19:27:00 GMT This review of Lithuania by the OECD Committee on Financial Markets examines Lithuania’s position with respect to core principles related to financial systems. Full Article
in 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
in 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
in Evaluating publicly supported credit guarantee programmes for SMEs By www.oecd.org Published On :: Fri, 08 Dec 2017 12:10:00 GMT This report examines the approaches adopted in 23 OECD and EU countries for evaluating the performance and cost-effectiveness of publicly supported credit guarantee programmes for SMEs. Full Article
in 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
in Enhancing the role of insurance in cyber risk management By www.oecd.org Published On :: Tue, 09 Jan 2018 12:15:00 GMT This report provides a series of policy recommendations aimed at enhancing the contribution of the cyber insurance market to managing this increasingly prevalent risk. The report examines the current state of the market and the obstacles that are impeding the market from reaching its full potential Full Article
in 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
in Small business access to alternative finance increasing as new bank lending declines By www.oecd.org Published On :: Wed, 21 Feb 2018 19:00:00 GMT Small and medium-sized enterprises (SMEs) are increasingly turning to alternative sources of financing, while new bank lending is declining in a number of countries. Many SMEs remain over-reliant on bank credit, however, and the take-up of instruments other than straight debt varies greatly from one country to another, according to a new OECD report. Full Article
in 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
in 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
in 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
in 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
in 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
in Mr. Angel Gurría, Secretary-General of the OECD, in Buenos Aires, 18-20 March 2018 By www.oecd.org Published On :: Fri, 16 Mar 2018 16:57:00 GMT Mr. Angel Gurría, Secretary-General of the OECD, in Buenos Aires, 18-20 March 2018 Full Article
in 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
in 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
in 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
in 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
in 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
in 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
in 5th Global Policy Research Symposium to Advance Financial Literacy By www.oecd.org Published On :: Fri, 18 May 2018 15:14:00 GMT 18 May 2018, Paris, France: The 2018 symposium focused on the relationship between financial education policies and broad economic, financial and social outcomes, including its role in supporting sustainable and inclusive growth. Full Article
in 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
in 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
in Financial Management of Earthquake Risk By www.oecd.org Published On :: Mon, 04 Jun 2018 10:40:00 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 earthquakes. This report provides an overview of the approaches that economies facing various levels of earthquake risk and economic development have taken to managing the financial impacts of earthquakes. Full Article
in Insurance Markets in Figures, 2018 By www.oecd.org Published On :: Mon, 18 Jun 2018 23:22:00 GMT 18 June 2018 - Preliminary data for 2017 show an increase in life and/or non-life gross premiums of domestic insurance companies in 40 out of the 43 reporting countries, compared to 2016. Full Article
in Low productivity jobs driving employment growth in many OECD countries By www.oecd.org Published On :: Tue, 26 Jun 2018 11:00:00 GMT Weak labour productivity growth continues to mark the world’s advanced economies and risks compromising improvements in living standards, says a new OECD report. Full Article
in The Global Forces Shaping Finance - Keynote address by Greg Medcraft By www.oecd.org Published On :: Fri, 29 Jun 2018 12:39:00 GMT 29 June 2018 - This keynote address focuses on the three main forces driving change in the financial sector: the growing importance of trust; the accelerating digitalisation of the economy; and the unprecedented interconnectedness of global markets. This keynote address was made by Greg Medcraft, OECD Director of Financial and Enterprise Affairs, at the Annual Conference of the Cambridge Centre for Alternative Finance. Full Article