IDB Invest, member of the IDB Group, is the commercial name of the Inter-American Investment Corporation (IIC), a separate legal entity with separate Agreement, share capital, financial structure, management, and staff.
The Board of Executive Directors of the Inter-American Investment Corporation approved the institution’s new Disclosure of Information Policy on October 11, 2005, thus replacing the former policy approved on January 15, 1999. The Board’s approval followed a 90-day public consultation process. The new policy significantly expanded the scope of information to be disclosed to the public and, for the first time, explicitly provided for the public disclosure of any information relating to the IIC and its activities in the absence of a compelling reason for confidentiality. The IIC’s new policy reaffirms its commitment to transparency and accountability in all its activities. Documents drawn up between January 15, 1999 and December 1, 2005, are governed by the previous policy dated January 15, 1999. The new policy took effect on December 1, 2005.
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