
Santiago Principles
The Santiago Principles are a set of guidelines created in 2008 to enhance the stability and professionalism of sovereign wealth funds (SWFs), which are government-owned investment funds. They promote transparency, good governance, ethical behavior, and accountability in how these funds operate and invest. By following these principles, SWFs aim to build trust with the public and global markets, ensuring their investment practices are responsible and beneficial for the economies they serve. The principles foster cooperation among countries and encourage sound investment strategies while maintaining fair market practices.