CABEI at the forefront in transparency and access to information
CABEI has transformed its information culture to provide its member countries with transparency by proactively classifying and publishing information.
Tegucigalpa, December 18, 2021.- The Central American Bank for Economic Integration (CABEI) has undergone important changes in terms of transparency and access to information. With the arrival of Dr. Dante Mossi as Executive President, the Bank began a profound process in the creation and implementation of its Information Access Policy (IAP).
CABEI currently has a Policy that ensures greater openness about its operations and activities. By increasing awareness of its work, the Bank seeks to promote the relationship with its shareholders in order to improve the design and execution of its operations and activities, as well as to strengthen its development results.
In September, a series of compliance indicators on its Information Access Policy (IAP) were made available to the public, making it the first international financial institution to provide access to these trends in real time and in a comprehensive manner, in order to generate greater transparency.
The Bank presents the classification of public information and the processing of information requests, including areas of interest, origin, categorization, and status, providing greater proactivity and predictability on the disclosure of information.
"Since my arrival at CABEI in December 2018 one of the purposes quickly identified was to promote a culture of transparency, so I proposed at the meeting of the Assembly of Governors held in April 2019 to issue the Declaration on Access to Information that from the same was established the route to develop the Policy that would initiate the Bank's openness and transparency" stated CABEI's Executive President, Dr. Dante Mossi.
We have been part of great advances, we have an Integrity System through its Anti-Fraud, Anti-Corruption and Other Prohibited Practices Policy, joining the international effort involved in the Anti-Fraud/Anti-Corruption fight and adopting basic principles of "Zero Tolerance" to prohibited practices (corrupt, fraudulent, coercive, collusive, and obstructive practices) in its operations.
We reaffirm the principles of transparency, integrity, due process, and publicity that guide our actions and that set the guidelines for prevention, implementation of means of reporting, aspects of management and attention to such reports, the power to conduct investigations and the process of recommendation or sanction of prohibited practices.
As a multilateral Bank, we are committed to making these policies a reality throughout the organization by means of training, periodic supervision of the performance evaluation of each project and program, as well as the promotion of the available means of reporting.
