GF/B41/EDP15
Approved by the Board on: 11 November 2019
Revisions to the Committee Leadership Selection Process, the Due Diligence Process and the EGC Size and Composition
- The Board approves (i) the proposed amendments to the Operating Procedures of the Board and Committees of the Global Fund (“BCOP”) set out in Annex 1 of GF/B41/ER11; and (ii) the proposed amendments to the Charter of the Ethics and Governance Committee (“EGC Charter”) set out in Annex 2 of GF/B41/ER11.
- The Board endorses the due diligence process overview set out in Annex 4 of GF/B41/ER11.
- The proposed amendments to the BCOP shall enter into force upon the adoption of this decision point. The proposed amendments to the EGC Charter shall enter into force upon the expiry of the term of the current EGC in May 2020.
Budgetary Implications
Trusted source inquiries carried out in line with the revised due diligence process could have resource implications of around CHF 50 000.