|
|
05 Jun 2007
The OECD has rejected calls for it to draw up a separate governance framework for private equity firms and hedge funds, arguing that the current rules are appropriate to both groups.
The international body had set up a steering group to examine the governance of private equity and hedge funds following widespread concerns that these industries lacked transparency, created conflicts of interest and placed the the efficiency of public markets at risk.
The OECD concluded, however, that current systems were sufficient.
'We will compare all the voluntary standards that are already out there and look for ways to develop a dialogue with representatives from the industry about key corporate governance issues,' said Marcello Bianchi, chairman of the steering group.
Further reading:
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment