Approved by the Board on: 12 May 2011
Global Fund Commitment to Transparency
- The Board reaffirms the Global Fund‟s strong and continuing commitment to the highest standards of transparency and accountability.
- The Board further reaffirms the Global Fund‟s commitment to a fully independent and transparent Office of the Inspector General as set forth in the OIG Charter and Terms of Reference.
- The Board looks forward to receiving the views of the High Level Independent Review Panel on Fiduciary Controls and Oversight Mechanisms on existing arrangements and its recommendations on ways to further improve the fiduciary controls and oversight within the Global Fund.
This decision does not have material budgetary implications for the 2011 Operating Expenses Budget.