Did you know?
© Getty Images
The IOC Basic Universal Principles of Good Governance (BUPGG) were upgraded in September 2022 by the IOC Executive Board. This updated version particularly strengthens:
- financial governance and various aspects of financial transparency (financial control, internal control and risk management, internal audit system and external auditor);
- institutional governance, clarification of the principle of accountability (not only financial), voting and election process, transparency; and
- solidarity, social and sustainable development through sport, including the new perspectives of the Sustainable Development Goals (UN SDGs).
You can find the full text here.
In parallel with this important upgrade, awareness-raising programmes about these principles are about to be launched within the Olympic Movement. More details to follow soon!