Approved by the Board on: 27 April 2007
The Board notes the initial work undertaken by the Finance and Audit Committee (FAC) to develop a policy for disclosure of reports issued by the Inspector General. The Board notes that the FAC has established a sub-group, composed of the World Bank delegate, the United States delegate and the Inspector General ad interim, supported by the Chief Financial Officer and the Legal Counsel, to continue development of the OIG disclosure policy, in consultation with Deloitte. The Board requests that the FAC, after consultation with the Policy and Strategy Committee, to present its recommendations for the OIG disclosure policy to the Board for approval at the Sixteenth Board Meeting.
The Board decides that, prior to Board approval of such policy, the Chair, the Vice Chair and the Chair of the FAC, after consulting the Inspector General and the Legal Counsel, shall have the authority to determine public disclosure of OIG reports after they have been made available.