The nature of services provided will vary throughout this project (per demand and selectivity) and include activities at various levels, per below.

Key focus of this project is to support on-going region-wide south-south collaboration platforms such as the IFC Latin American Companies Circle, the OECD CG Roundtable, SOE network, Family Business Network, and network of corporate governance institutes (IGCLA); and undertake selected activities outside of Colombia and Peru aimed at the dissemination of the IFC Knowledge Group's (former Global Corporate Governance Forum) tools and products.

1. Macro Level:

- Knowledge Events. Participate in selected awareness raising events and/or speaking engagements around the region, helping share best practices and case studies.

- Specific Support to the Companies Circle. IFC will provide a defined level of support to the Companies Circle, an initiative that gathers 15+ LAC companies to share lessons and ideas and help promote CG with the wider LAC market. Activities will include providing stewardship to the group, coordinating meetings, providing advice, and helping the network become self-sustaining.

- Conducting and speaking at awareness raising events on the business case for improving CG for various stakeholders
in the region, helping share best practices and case studies.

- Disseminating best practice publications and tools to encourage greater adoption of good practices.

- Working with interest groups, on issues such as gender equality, to increase the awareness of relevant topics in CG.

2. Regulatory Level: Support of the OECD Corporate Governance Roundtables and Task Forces to enable the regulators in the region to learn about the best practices reform in the region and globally and improve their regulatory
and policy framework. Additional project activities under this component will be the responsibility of WB and will be accounted in a separate WB project. More specifically WB will support the development and/or improvements of CG-related regulations, conduct country/sector diagnostics, provide training to the staff of the regulators, etc.

3. Market Level:

- Workshops for Institutes. Selectively conduct workshops for Institutes to help build their expertise in certain areas. This might include trainers of trainers (ToTs) to launch training products (e.g., Director training program) or consultations on other technical matters. When possible, the IGCLA network (below) will be leveraged for this.

- Workshops for Intermediaries. Selectively conduct workshops
for market intermediaries to help build their expertise. This might include training for investors, mediators, consultants, the press, and others (on a regional or sub-regional basis where possible).

- Specific Support to IGCLA network. IFC will help
provide a defined level of support to the IGCLA network, providing management support, guidance, and consultations as needed. This network that gathers 11 Latin American institutes of CG to promote knowledge sharing and can be leveraged for other project activities. One of the aims is to make the network self-sustaining on Exit.

- As capacity building of local intermediaries is a key element of this project, the team will monitor the progress of the partner?s capacity to deliver CG services, following the
methodology developed in ECA region.


4. Firm Level:

- Conducting CG assessments or consultations for selected private companies to help them implement better CG practices with the focus on IFC investment clients and pipeline.

- Providing other
specialized advisory services to select firms and groups of companies in the forms of workshops, consultations, one on one advice. This may include general CG training for directors and executives or more specific topics such as Banking, Family Governance, SME CG, and other.

- Some of the firm-level work will be conducted in conjunction with local intermediaries in order to build their capacity in delivery these types of firm-level services.