POLICY ON PUBLIC INFORMATION
WHAT IS EVENT-BASED DISCLOSURE?
Event-based informationFor purposes of the PPI, information means all information held by AIIB that can be read and communicated physically and electronically in any form or format. disclosure occurs when the publication of informationFor purposes of the PPI, information means all information held by AIIB that can be read and communicated physically and electronically in any form or format. is determined by specific events, such as the President’s approval, a Board of Directors or Board of Governors decision or a projectA specific set of activities for which AIIB is (1) considering to provide financing, (2) has approved financing or (3) has provided financing. reaching certain stages in the approval process, etc. When one of those events occurs, it triggers the disclosure of the relevant documents.
For an illustrative list of the most common documents that are disclosed and their associated event triggers, please refer to Annex A in the Directive on Directive on Public Information.
- DISCLOSURE IS TRIGGERED WHEN …
- Financial Events
- Institutional Events
- Operational Events
- … (1) our Board of Governors approves or adopts annual audited financial statements or (2) when unaudited, condensed quarterly financial statements are approved by the President.
- … our President, Board of Directors or Board of Governors approve or adopt institutional informationFor purposes of the PPI, information means all information held by AIIB that can be read and communicated physically and electronically in any form or format. which includes changes to basic constituent documents, institutional informationFor purposes of the PPI, information means all information held by AIIB that can be read and communicated physically and electronically in any form or format. related to AIIB’s governance and the policies, strategies and directives of the bank.
- … certain stages in the approval process set out in bank policies and directives are reached.
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Financial Events… (1) our Board of Governors approves or adopts annual audited financial statements or (2) when unaudited, condensed quarterly financial statements are approved by the President.
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Institutional Events… our President, Board of Directors or Board of Governors approve or adopt institutional informationFor purposes of the PPI, information means all information held by AIIB that can be read and communicated physically and electronically in any form or format. which includes changes to basic constituent documents, institutional informationFor purposes of the PPI, information means all information held by AIIB that can be read and communicated physically and electronically in any form or format. related to AIIB’s governance and the policies, strategies and directives of the bank.
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Operational Events… certain stages in the approval process set out in bank policies and directives are reached.
