Which organization is known for its guidelines on corporate governance procedures?

The Organisation for Economic Co-operation and Development (OECD) is widely recognized for its comprehensive guidelines on corporate governance procedures. These guidelines focus on promoting transparency, fairness, accountability, and responsibility within corporate structures, which are essential for the sound functioning of markets and the economic well-being of nations.

The OECD's framework aims to enhance the effectiveness of corporate governance by establishing principles that member countries should consider in order to achieve better business practices and ensure that companies operate in a manner that is ethical and sustainable. This includes establishing clear roles for shareholders, boards, and other stakeholders, promoting transparent financial reporting, and fostering ethical conduct among companies.

In comparison, while the other organizations mentioned have critical roles in their respective fields—like trade, accounting standards, and financial crime prevention—they do not primarily focus on corporate governance procedures in the same structured manner as the OECD does. This specificity of purpose makes the OECD the correct answer regarding guidelines on corporate governance.