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OECD's Asia SOE Network Meeting, Macau

Amar Gill, ACGA Secretary General Designate, spoke in a panel session titled "Ongoing revision of the SOE Guidelines" at the 16th meeting of the Asia Network on Corporate Governance of State-owned Enterprises hosted by the OECD in Macau on 14 December 2023.

Introduction:
The OECD SOE Guidelines, initially adopted in 2005 and subsequently revised and updated in 2015, are widely recognized as the foremost global standard to countries on how to manage more effectively their responsibilities as company owners, thus helping to make state-owned enterprises more competitive, efficient, and transparent. Following the process of revision of the G20/OECD Principles of Corporate Governance, the OECD Working Party on State-Ownership and Privatisation Practices agreed on a roadmap for the revision of the SOE Guidelines. This session will provide an opportunity to discuss the key issues considered in the ongoing revision, scheduled to be completed by mid-2024.