In May 2015, the IFC CorporateGovernance Group called together 40 experts in the field andmembers of the IFC Corporate Governance Private SectorAdvisory Group. These participants explored key changes ininternational corporate governance standards and codes ofbest practice in the wake of the recent global financialcrisis and how these changes have helped draw corporateattention to sustainability issues. The group found thatmany issues that became evident regarding banks in thefinancial crisis, and led to changes in the governance ofbanks, also have flowed through into broader corporategovernance developments. This publication arises from theissues and information from these discussions. Specifically,part A discusses developments from global or regional groupsinvolved in corporate governance. Part B addressesdevelopments in corporate governance practice, and part Clooks at developments in corporate governance codes and standards.