Report no. 106530

                                        AUDIT COMMITTEE


FROM: The Secretary, Audit Committee


                         Minutes of Meeting held on Wednesday, April 6, 2016
                                    at 2:33 p.m. in the Board Room

Present

Committee
Mr. Heemskerk (Chair)
Mr. Chen
Mr. Choi
Mr. Farnoux (Temporary Alternate)
Mr. Garg
Ms. Mathiasen (Temporary Alternate)
Mr. Pagano
Mr. Qureshi (Temporary Alternate)

Other Executive Directors and Alternates
Messrs./Mmes. Alvarez, Ansorena Montero, Bougara, Cipkute, Diallo, Fernandez, Frieden, Hamidzada,
Hoettcke, Kan, Kato, Maleka, Misyukovets, Mufarrij, Ncube, O’Dea and Ouro Samah

Officers and Staff
Messrs./Mmes. Assalini, Fantom, Finkelston, Frazier, Fu, Honda, Moustafa, Muleri, Murugan,
Naka, Quraishi and Roex. Berger (Committee Secretary)


Proposed Amendments to MIGA’s Guarantee Capacity and Portfolio Reinsurance Limit

1.     The Committee discussed the document entitled Proposed Amendments to MIGA’s Guarantee
Capacity and Portfolio Reinsurance Limit (AC2016-0012). A report from the Committee to the Board
was prepared.

IAD Report No. IBRD FY16-01 - Audit of the Process for the Collection of Data and Production of
Indices to Report on the Twin Goals

2.     The Committee discussed the document entitled IAD Report No. IBRD FY16-01 - Audit of the
Process for the Collection of Data and Production of Indices to Report on the Twin Goals
(AC2016-0013). A report from the Committee to the Board will be prepared.

Date of Next Meeting

3.        The Committee was scheduled to meet jointly with CODE on April 20, 2016.

Adjournment

4.        The meeting adjourned at 5:11 p.m.