“Santiago Principles” – International Working Group of Sovereign Wealth Funds Reaches Preliminary Agreement on GAPP

Yesterday, the International Working Group of Sovereign Wealth Funds announced a preliminary agreement on a draft set of principles and practices that the various participants will recommend to their respective governments. The IWG intends to publish the GAPP after it presents the report to the IMFC at its October 11th meeting in Washington DC.

It’s a step towards greater transparency to ease public and legislative concerns. Now about their performances

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