CHAPTER FOUR: ECONOMIC GOVERNANCE AND MANAGEMENT (v) Joining the world economy: successfully opening up this transitional economy so that it becomes an integral part of markets of the Maghreb sub-region, Africa and the Euro-Med region within the framework of its agreement with the EU. 4.2 Ratification and implementation of standards and codes Table 1: Standards and codes for economic governance Standards and Codes Signed Ratified Constitutive Act of the African Union (2000) June 2000 12 May 2001 NEPAD Strategic Framework Document (2001) 2001 2001 2001 Code of Good Practices on Fiscal and Budgetary Transparency FSAP FSAP 2003/FSAP Guidelines for Public Debt Management August 2000/ FSAP FSAP August 2003/ FSAP International Accounting and Auditing Standards III Code of Good Practices in Money and Finance Transparency FSAP FSAP FSAP Core Principles for Payments and Settlement Systems FSAP FSAP 2006/FSAP Core Principles for Effective Banking Supervision FSAP/ROSC FSAP/ROSC FSAP/ROSC Basic Supervisory and Regulatory Principles in Insurance Acceded 1993 / 1996 COSOB / 2003 Central Securities Depository African Union Convention on Preventing and Combating Corruption 17 December 2003 ??? Act 06-01 of 20 February 2006 United Nations Convention on Corruption 31 October 2003 19 April 2004 Act 06-01 of 20 February 2006 UMA Marrakech Treaty 17 February 1989 2 May 1989 Euro-Med Treaty with the EU Abuja Treaty on the Creation of the African Economic Community FSAP ROSC 132 : : December 2001 1991 Completion 2017 18 June 1995 Finance Sector Assessment Programme under World Bank and IMF collaboration Report on the Observance of Standards and Codes