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Confidentiality and Disclosure of Information
VII. Recommendations
51. It is recommended that the Board approve the following:
the Bank should endorse the policy outlined in this paper to provide the fullest possible degree of transparency and disclosure in all areas of the Bank’s operations;
the Bank should adopt a revised classification system as described in paragraphs 29-32 of this document, and procedures for the release of documents and information in accordance with the proposals set forth in paragraphs 33-45 of this paper;
these recommendations should take effect on 1 January 1995; and
the revised classification system and procedures for release of documents should be reviewed within 2 years after implementation, and the results of the review, together with proposals for additional action, if any, submitted to the Board.