Plenary session 2 – Recovery and growth for all through coherence, alignment, and harmonisation of RBC standards
Feb 15, 2023 — 08:00 am - 9:30 AM CC 1
CC 1
Description
In recent years, key market economies have introduced a smart mix of regulatory actions regarding due diligence including some mandatory due diligence requirements. In a context of growing focus on RBC standards, and in view of the OECD’s continued leadership in the field, governments are increasingly invited to respond to calls for policy coherence and alignment of RBC policies and market-based mechanisms, to avoid a multitude of different standards and resulting obligations for business. This plenary session would start by reflecting on the outcomes of discussions during the 1st day of the Ministerial Meeting. The session would then focus on discussing key ways of incentivising RBC at national and international levels through a ‘smart mix’ of policies, regulations, and practice in the market.
