Transparency initiative annual report



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Confidentiality of data

According to the clause on confidentiality has been included in the contract of the Independent Administrator with the State Oil Fund of the Republic of Azerbaijan (“SOFAZ”) dated 12 July 2016, the Independent Administrator has preserved the confidentiality of information and data obtained during the work.


The Independent Administrator has to ensure the confidentiality of the work to be done in accordance with the signed contract and cannot discuss or share the supporting documents to be obtained during the reconciliation process with a third party without the permission of the Parties.


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