ENHANCING THE WAY FINANCIAL SECTOR ORGANIZATIONS ARE GOVERNED BY IMPLEMENTING GLOBAL PRINCIPLES

Authors

  • Tashkent state university of econocmis

Keywords:

corporate governance, financial sector, global principles

Abstract

This article discusses the importance of implementing global principles to
improve corporate governance in the financial sector. It highlights the significance of
transparency, accountability, and risk management practices in maintaining public trust
and confidence in financial institutions. The article also explores the benefits of
adopting global principles, such as improving overall stability and sustainability of the
financial sector. However, it acknowledges the challenges and limitations of
implementation, including the need for consistent implementation across different
jurisdictions and the need for balancing global standards with local flexibility. Overall,
this article provides valuable insights into the importance of implementing global
principles to enhance the way financial sector organizations are governed.

References

https://www.fsb.org/ - official website of the International Organization

created by the countries of the Big Industrial Twenty

https://www.iosco.org/ - An international financial organization that

brings together national securities regulators.

Emily Jones1 and Peter Knaack2. Blavatnik School of

Government.University of Oxford “The Future of Global Financial Regulation”.

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Published

2023-05-30

How to Cite

Ismoilova Shaxzoda Alisherovna. (2023). ENHANCING THE WAY FINANCIAL SECTOR ORGANIZATIONS ARE GOVERNED BY IMPLEMENTING GLOBAL PRINCIPLES. Prospects of Innovative Development of the National Corporate Governance System Based on International Standards and Modern Best Practice, 265–266. Retrieved from https://conference.tsue.uz/index.php/pidncgsbism/article/view/711