Global Fund to develop an ethics and compliance framework
A need for ethical leadership and unified organizational culture with a set of overarching values and principles should drive the development of an ethics and compliance framework by the Global Fund, according to a consultant helping to develop an ethics and compliance framework.
According to a report presented by the Audit and Ethics Committee (AEC) for the Board's 31st meeting on 6-7 March in Jakarta, the terms of reference and methodology for the framework will also include a code of conduct.
The new framework will seek to harmonize the Fund's fragmented approach to ethics with cross-cutting activities that establish a common vision and goals; strategic leadership; achievable policies and procedures; a holistic organizational culture; and ethical risk management.
Board members were presented with the white paper “Developing a Holistic Ethics Framework for the Global Fund,” which should address the under-resourcing of the existing ethics function, according to the AEC.
AEC recommendations include the creation of a dedicated and well-resourced Ethics office that can steward education, communication and advice on ethical issues, supporting management as it implements the ethics and compliance framework.
The committee's report also included reference to the 2013 external audit conducted by Ernst & Young, which is nearing completion. There is no indication that the final report will contain any warnings, the committee said.
The Audit and Ethics Committee report and white paper will be posted at http://www.theglobalfund.org/en/board/meetings/thirtyfirst. The white paper should also be available at the same site.