MIGA Intends to Review Disclosure Policies After IFC Finishes

30 September 2004

The World Bank’s insurance branch, the Multilateral Investment Guarantee Agency, is planning to review its own disclosure policies, probably beginning early next year.

MIGA’s process, expected to take a year or more, will commence once the International Finance Corporation, the Bank’s private sector lending arm, completes its ongoing disclosure policy review, according to Judith Pearce, Lead Operations Officer.

The IFC is expected to wrap up its review very early in 2005, and once that has happened, MIGA will begin its own process, probably by issuing a conceptual frarework for public comment, as the IFC has done, and by holding meetings with stakeholders.

The MIGA review is expected to take about a year and a half.

By Toby McIntosh

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In this column, Washington, D.C.-based journalist Toby J. McIntosh reports on the latest developments in information disclosure in International Financial and Trade Institutions (IFTI).
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