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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

IMF International Working Group of Sovereign Wealth Funds to meet on September 1-2 in Santiago, Chile

Posted on 31 August 2008

From IMF.org: The International Working Group of Sovereign Wealth Funds (IWG)—comprising 26 member countries—will meet for the third time on September 1-2 in Santiago, Chile, to agree on a common set of voluntary principles and practices intended to guide investment practices by sovereign wealth funds (SWFs).

The meeting aims to reach an understanding on the Generally Accepted Principles and Practices (GAPP) on SWFs in advance of the IMF-World Bank Annual Meetings on October 10-13. The GAPP is expected to be presented to a meeting of the IMF’s policy-guiding body, the International Monetary and Financial Committee (IMFC), on October 11 when it convenes during the Annual Meetings in Washington… Full article: Source


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