(a) There is an advisory board of no less than seven people selected by the Governing Council, including representatives from the banking, industry, industry, labour and agriculture sectors, and with as broad a national representation as possible. In areas where specialized international organizations exist, Council members who are representative of these areas are chosen in agreement with these organizations. The Council advises the Bank on policy issues. The Board meets annually and on other occasions that the Bank may request. Thank you for your participation in this survey! Your feedback is very helpful to us as we work to improve the website`s functionality on worldbank.org. b) all loan contracts define the currency or currencies in which payments are made to the Bank under the contract. However, at the borrower`s choice, these payments may be made in gold or, subject to the bank`s agreement, in the currency of a member other than the part stipulated in the contract. The ICSID Convention came into force through a multilateral agreement and came into force on 14 October 1966. There is a second important human rights recital for the Bank, which is considering updating its safeguards. The members of the Bank are states.
These states have obligations to the human rights treaties to which they are affiliated. The bank has already recognized that. In 2000, the then General Counsel made it clear in World Bank legal documents that “the Bank cannot reasonably put its members in a position where they would violate their obligations under the United Nations Charter if they accepted a measure proposed by the Bank.” Finally, Under Article 103, the United Nations Charter has as a priority, under Article 103: “In the event of a conflict between the obligations of members of the United Nations under this Charter and their obligations under another international agreement,” (a) Each member designates its central bank as custodian of all the Bank`s assets in its currency or if it does not have a central bank , the other institution that is acceptable to the bank. Thank you for agreeing to comment on the new version of worldbank.org; Your response will help us improve our website. You clicked on a link to a page that is not part of the beta version of the new worldbank.org. Before you leave, we`d like to hear from you about your experience while you were here. Will you take two minutes to complete a brief survey that will help us improve our website? In 2006, Roberto Daino, the general counsel after Ibrahim Shihata, published an internal “legal opinion on human rights and the work of the World Bank.” This legal opinion is the most advanced internal interpretation to date of the Bank`s human rights responsibility.