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PROJECT DATA SHEET 1999

Project Name:

Samoa : Legal and Regulatory Environment For The Corporate Sector

Country:

Samoa

Project Location within Country:

Apia, Samoa

Name of Client

United Nations Development Programme (UNDP) and Justice Department of the Government of Samoa

Professional staff provided by your Company:

Development Policy Specialist

Research Analyst

No. of Staff: 2

No. of Man-months: Four (4)

Start Date: (Month/Year)

July 1999

Completion Date: (Month /Year)

October 1999

 

Name of associated firm(s) if any:

David Goddard, Barrister, NZ

No. of man-months of professional staff provided by associated firm(s): 1

Name of Senior Staff (Project Director/Coordinator: Team Leader) involved and function performed:

 Development Policy Specialist

Corporate Law Specialist

 Research Analyst

Detailed Narrative Description of Project:

The project was initiated by UNDP with the Government Samoa to undertake an overall review of the legal framework governing the corporate sector in Samoa. In particular, it aimed to address the following:

  • Describe the existing corporate sector including SOEs
  • Identify emerging trends in the sector and likely impact of government policies and public sector reforms on areas such as private sector development
  • Evaluate adequacy of certain areas of law, its operations and administration in sustaining a well-functioning corporate sector
  • Evaluate capacity of private financial market mechanisms to apply codes of conduct, conventions and "best practices"
  • In light of above evaluation, make specific recommendations on options for:
  • any legal or administrative reforms needed
  • any needed strengthening of administration and its accountability and transparency
  • any associated TA or other donor assistance needed in support
  • sequencing, timing and coordination of any reform and institutional strengthening
  • skills and resources needed to implement a programme of improvement

 

Detailed Description of Actual Services provided by your Company:

In undertaking the above tasks, our office provided services as follows:

  • an overview of the corporate sector in Samoa
  • an analysis of governance in the state-owned corporate sector
  • partaking in consultative meetings with necessary government officials, private sector representatives and representatives of professional bodies to gauge their views on the regulatory framework and its practical application
  • partaking in the ‘National Consultative Meeting On Accountability Principles And The Corporate Regulatory Framework’ held in November 1999 with key private sector representatives and senior government officials.

A draft and final report was submitted prior to the workshop whereby issues were discussed at the National forum. A further report on working group discussions and the forum was submitted following the workshop.