OECD begins review of its Principles of Corporate Governance

The OECD has begun a review of its Principles of Corporate Governance: see here. The Principles were first published in May 1999 and last revised in 2004. According to the OECD, "[the] rationale for the review is to ensure the continuing high quality, relevance and usefulness of the Principles taking into account recent developments in the corporate sector and capital markets. The outcome should provide policy makers, regulators and other rule-making bodies with a sound benchmark for establishing an effective corporate governance framework".