Generally Accepted Principles And Practices (GAPP)
Contents
Unraveling Generally Accepted Principles and Practices (GAPP): A Comprehensive Guide
Dive into the world of generally accepted principles and practices (GAPP), also known as the Santiago principles, which serve as standardized business protocols governing sovereign wealth funds (SWFs). Explore the origins, objectives, and framework of GAPP, shedding light on its significance in maintaining a stable global financial system.
Origins and Evolution of Generally Accepted Principles And Practices (GAPP)
Discover the genesis of GAPP and its evolution through the efforts of the International Working Group of Sovereign Wealth Funds (IWG). Learn how GAPP emerged in response to concerns regarding transparency, independence, and governance within the SWF industry.
Guiding Objectives and Principles of GAPP
Uncover the guiding objectives and principles that underpin GAPP, focusing on its core mandates related to maintaining financial stability, compliance with regulatory requirements, and transparent governance structures. Explore the framework provided by the Santiago Principles across legal, institutional, and investment domains.
Implementation and Impact of GAPP
Gain insights into the implementation of GAPP by sovereign wealth funds worldwide, facilitated by the International Forum of Sovereign Wealth Funds (IFSWF). Understand how SWFs embrace GAPP to enhance operational controls, risk management, and accountability in their investment practices.
GAPP in Practice: Case Studies and Success Stories
Explore real-world case studies and success stories highlighting the practical application of GAPP by sovereign wealth funds. Examine how adherence to GAPP principles contributes to the credibility, trustworthiness, and effectiveness of SWFs in the global financial landscape.