Legal framework and policy documents

NIB is governed by its constituent documents, namely the Agreement among its member countries and the Statutes, as well as the Host Country Agreement concluded between NIB and the Government of Finland. These establish that NIB is the member countries' common international financial institution, having the same status as other legal persons conducting similar operations within and outside the member countries. Furthermore, the constituent documents stipulate that NIB has the status of an international legal person with full legal capacity, define the immunities and privileges of the Bank and its personnel and set out the structure for the governance of the Bank.

In addition to the constituent documents of the Bank, NIB's activities are governed by a number of policies, guidelines and instructions adopted by the Board of Directors or the President. The following documents are publicly available:

Constituent documents

Constituent Documents: Agreement on NIB, Statutes, and Host-Country Agreement (340 kB)

Governance-related documents

Code of conduct for the Control Committee (137 kB)
Code of conduct for the Board of Directors and the President (377 kB)
Rules of procedure of the Board of Governors (37 kB)
Rules of procedure of the Board of Directors (40 kB)
Rules of procedure for the Control Committee (80 kB)

Policies and guidelines

Communication policy (89 kB)
Compliance policy (89 kB)
Declaration on IFI uniform framework for preventing and combating Fraud and corruption  (556 kB)
Disclosure policy (151 kB)
Financial policies (717 kB) 
Integrity due diligence guidelines for lending transactions (42 kB)
Language policy (63 kB) 
Liquidity policy (74 kB)
Procurement guidelines for projects financed by NIB (157 kB)
Resolution on fighting corruption (55 kB)
Rules of procedure for the committee on fighting corruption (48 kB)
Sustainability policy and guidelines (443 kB)
European principles for the environment
International financial institution framework for a harmonised approach to greenhouse gas accounting (282 kB)

Staff-related documents

Overview of the legal framework for the staff (284 kB)
Arbitration rules for settlement of employment-related disputes (116 kB)
Code of conduct for the staff (591 kB)
Rules for the Ombudsman (75 kB)
Staff policy (65 kB)
Staff regulations (610 kB)
Statutes for the Cooperation Council (56 kB)

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