On 18 November 2005, the EIB completed a second round of public consultation on a review of its Public Disclosure Policy. The 20 working days consultation process, which started on 21 October, focused on a re-edited draft of the disclosure policy (Draft II) taking account of stakeholder comments from a first, 45 working days consultation process (19 May- 21 July).

During the web-based consultation process the Bank also organized two public consultation meetings in Brussels (on 22 June and 18 November).

A Review Panel at the Bank is currently considering the stakeholder contributions from the second round of consultation to see the extent to which they can be taken into account. The draft Public Disclosure Policy will be presented for approval to the EIB's Management Committee and Board of Directors, together with a Consultation Report. The report will include: an overview of the consultation process; the public comments; and the Bank's responses.

After Board approval, the new policy and the Consultation Report will be published on the EIB's website. Stakeholders who have contributed to the review process will be informed directly of the new policy and Consultation Report.

Timetable of the consultation process
14 December 2004 First announcement on the EIB website of the policy review and public consultation process.
Targeted mailing to interested organizations and individuals.
19 May 2005 Launch of a 45 working days public consultation process on a revised draft policy (Draft I).
22 June 2005 Public Consultation Workshop, Brussels.
19 July 2005 Announcement of an extension of the consultation process beyond the closing date of 21 July.
21 July 2005 Completion of the 45 working days consultation process.
21 October 2005 Launch of a 20 working days consultation process on a re-edited draft policy (Draft II) taking into consideration stakeholder comments from the first round of public consultation.
Public comments from the first consultation round published, for information, on the EIB website.
18 November 2005 Public Consultation Meeting, Brussels.
Completion of the 20 working days public consultation process.
6 January 2006 Public comments from the second round of consultation published, for information, on the EIB website.
March/April 2006 Expected completion of the Policy Review.

Stakeholder contributions

During the second round of consultation, the EIB has received over 30 formal written contributions from stakeholders:

The stakeholder contributions focused on Draft II of the Public Disclosure Policy (English, French, German).

First round of consultation

For information about the first round of consultation, the draft policy which was subject to consultation (Draft I), the public contributions, and the consultation procedures, please consult Launch of second round of public consultation on review of EIB's Public Disclosure Policy.

For further information please contact: