From Mondaq.com: In October 2008, the International Working Group of Sovereign Wealth Funds (IWG), organized under the auspices of the International Monetary Fund (IMF), released the Santiago Principles, a set of best practices intended to guide the workings of their sovereign wealth funds (SWFs).

The IWG is composed of representatives of 26 IMF-member countries with SWFs. The IMF was instrumental in facilitating and coordinating the drafting process….. Full Article: Source