Monitoring of multilateral cooperation
UN funds and programmes and international development finance institutions have established their own comprehensive control and monitoring mechanisms in order to ensure that the financial and administrative activities are managed appropriately also in high-risk working environments. These mechanisms include, among other things, systems (hotlines) for reporting misuse of funds and protecting whistleblowers as well as risk-based audit planning and training of staff to prevent corruption and misuse. The use of funds is controlled by both internal and external audit and investigation units and auditors. The efficiency and effectiveness of the activities is assessed in reports and evaluations issued annually.
Internal audit and investigation units are responsible for the organisation's auditing and internal control and report directly to the Executive Board of the agency. The UN Member States, including Finland, monitor the use of funds by participating in the work of each of these supreme decision-making bodies. The internal audit reports have been publicly available on the organisations' websites since September 2012. In international development finance institutions, the integrity of spending is supervised by special units focusing on anti-corruption work and misuse of project funds. They investigate reported cases of misuse, monitor procurement processes and issue recommendations for improvement of practices. Development banks cooperate to prevent cases of misuse, among other things, by exchanging information about companies guilty of misuse of funds and by issuing joint sanctions.