Amendments to Financial Advisory Committee Terms of Reference
Resolution in Congress document decides to maintain the Financial Advisory Committee with updated terms of reference, including advice on budget linkage, resource allocations, financial matters, audit issues, and oversight. The proposal also includes merging the text on the appointment of External Auditor into the Financial Regulations.
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Amendments to the Terms of Reference of the Financial Advisory Committee (FINAC) Cg-19/Doc. 5 (3) 19 May 2023
Background FINAC Terms of Reference defined in Resolution 39 (Cg-XV) FINAC-42 proposed amendment to ToRs EC-76 recommended Congress to amend the ToRs to include in FINAC functions: Advise on other financial matters related to administration and human resources Advise on audit and oversight matters, such as the status and progress of actions Consider the reports of the Joint Inspection Unit 2 2/21/2025
Resolution in Congress Document Decides to maintain the Financial Advisory Committee with [updated] Terms of reference: Functions: (a) To advise on the adequacy of the linkage between results-based budget and the WMO Strategic Plan; (b) To advise on the adequacy of regular and extrabudgetary resource allocations against expected results; (c) To advise on financial matters, such as proportional contributions, Financial Regulations and any surplus, and other financial matters related to administration and human resources; (d) To advise on the overall budget level, taking into account issues of affordability and sustainability; (e) To advise on audit and oversight matters, such as the status and progress of actions; (f) To consider the reports of the External Auditor, the Audit and Oversight Committee, the Joint Inspection Unit and other relevant bodies as necessary in the deliberation of these functions; 3 2/21/2025
FINAC Recommendation Recommendation 6: That Congress adopts draft Resolution 5(3)/1 (Cg-19) Amendments to the Terms of Reference of the Financial Advisory Committee 4 2/21/2025
Amendments to the Financial Regulations Cg-19/Doc.6.1(2) 19 May 2023
Background Article 15 of the Financial Regulations (15.1) states that an External Auditor shall be appointed for a period of four years Resolution 26 (EC-LIX) states that the External Auditor can serve any number of terms, but no more than two consecutively Proposal is to merge Resolution 26 (EC-LIX) text into Article 15 EC-76 recommended Congress to approve this amendment 6 2/21/2025
Resolution in Congress Document Decides that the Financial Regulations as set out in the annex to this resolution shall apply effective 1 July 2023. ARTICLE 15 External audit Appointment 15.1 equivalent title) of a Member, shall be appointed, in the manner decided by the Executive Council, for a period of four years. The External Auditor can serve any number of terms, but no more than two consecutively. An External Auditor, who shall be the Auditor-General (or officer holding the 7 2/21/2025
FINAC Recommendation Recommendation 7: That Congress adopts draft Resolution 6.1(2)/1 (Cg-19) Revision of the Financial Regulations of the World Meteorological Organization 8 2/21/2025
