15.07.2013 - SWF accountability, transparency: Improvements noted; more needed
Sovereign wealth funds (SWFs) have made progress in improving their accountability and transparency over the last five years, but more can and should be done. Thatís the assessment of Dr. Edwin M. (Ted) Truman, a senior fellow at the Peterson Institute for International Economics and former senior Treasury and Federal Reserve official. Trumanís pioneering work on SWF best practices helped shape the dialogue that preceded a working group of 23 countries endorsing voluntary guidelines for SWF operations, the Santiago Principles, in October 2008. In a recent interview with this blog, Truman shared his appraisal of SWF performance in advance of the anticipated release this summer of a survey of member practices by the International Forum on Sovereign Wealth Funds, as the original working group is now called...............................................Full Article: Source
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