Board Decisions


Approved by the Board on: 31 January 2003

Report of the Monitoring, Evaluation, Finance and Audit Committee (MEFA): Fiduciary Arrangements

  • Acknowledge the evaluation of the Global Fund fiduciary arrangements undertaken by the Committee and direct the MEFA Committee to continue to improve the Fund's fiduciary arrangements that should include reviewing LFA performance and fees, developing a LFA conflicting of interest policy, together with the Governance and Partnership Committee, and report on the results of the Round 2 LFA selection. These actions should be reported to the Board in June 2003.