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The Santiago Principles are a set of 24 voluntary guidelines that assign "best practices" for the operations of Sovereign Wealth Funds (SWFs). The principles were proposed in 2008 through a joint effort between the International Monetary Fund (IMF) and the "International Working Group of Sovereign Wealth Funds" (IWG-SWF). The International Working Group has since been replaced by the "International Forum of Sovereign Wealth Funds" (IFSWF). So far 25 nations have signed onto the principles. ==Overview== According to the IFSWF, the creation of the Santiago Principles was driven by the following goals for SWFs: * To help maintain a stable global financial system and free flow of capital and investment; * To comply with all applicable regulatory and disclosure requirements in the countries in which they invest; * To invest on the basis of economic and financial risk and return-related considerations; and * To have in place a transparent and sound governance structure that provides for adequate operational controls, risk management, and accountability. The Santiago Principles contribute to the IFSWF’s objective for SWFs by monitoring three important areas – legal framework, institutional framework and governance framework, and investment policies and risk management. 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Santiago Principles」の詳細全文を読む スポンサード リンク
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