Posted on December 1, 2009 - by boris

International Financial Institutions Help improve Corporate Governance Standards in Eurasia…

IFC, a member of the World Bank Group, the IFC Global Corporate Forum, and the European Bank for Reconstruction and Development are helping develop corporate governance codes in Eurasian countries, enabling local banks and companies to improve transparency, accountability and enhance their competitiveness.

A two-day workshop on Corporate Governance in Tbilisi this week that will be attended by over 40 participants from 13 countries, will address issues including qualification of board members, disclosure of beneficial ownership, internal and external audits, and transparency disclosure.

The workshop will also provide guidance on implementing corporate governance codes to help companies and banks improve their corporate governance practices and boost their confidence, competitiveness, and investor appeal.

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Source: http://www.ifc.org/ifcext/media.nsf/content/SelectedPressRelease?OpenDocument&UNID=EAC9B87980FBFF0C8525767E00552922