The corporate governance frameworks of MENA countries are a significant factor impacting on access to capital via securities markets and bank financing.  As a part of the MENA OECD Investment Programme, the Working Group on Corporate Governance seeks to help efforts to mobilise investment by contributing to the improvement of corporate governance in the region.  Among these priorities is corporate governance of banks, which Working Group participants suggested as the topic for discussion at their 2006 meeting (26-27 November 2006, Dubai, UAE). 

The focus on regulation and corporate governance of banks is important for MENA given the prevailing role of banking institutions as a source of finance for the corporate sector.  Improved board structures, administrative procedures and disclosure requirements could result in better governed banks, which are more likely to allocate capital efficiently. 

The output, resulting from this initiative will be a Policy Brief on Corporate Governance of Banks in the MENA Region.  The work will be carried out in the framework of a dedicated Task Force, with the OECD and Hawkamah, the Institute for Corporate Governance, serving as a joint secretariat 

Read More About the Task Force's Scope of Work ( PDF 60 KB)
Policy Brief Building Blocks ( PDF 101 KB)
Statement from the 1st Task Force Meeting in February 2007 ( PDF 52 KB)
Questionnaire for Banks ( PDF 90 KB)
Draft Policy Brief on Bank CG ( Word 244 KB)