69. Is it specified that a particular institution(s) is responsible for reviewing financial reports by elected officials?

(a) There is established a commission to be known as the Ethics Commission. The Commission shall consist of three (3) members appointed by the President with the advice and consent of the Senate. The term of each member shall be four (4) years. Members of the Commission shall hold no other public office or public employment. The chairman of the Commission shall be elected by a majority of the Commission. Members of the Commission may be removed by the President only for good cause. Vacancies shall be filled for the remainder of any unexpired term in the same manner as the original appointment. Commission members shall be compensated at a rate of thirty five dollars ($35) for each meeting the Commission member attends.

(b) The Commission shall adopt regulations to carry out the purposes of this chapter.

(c) The Commission shall prescribe and supply the forms for statements and reports required by this chapter.

(d) The Commission shall determine whether required documents have been filed and, if so, whether they comply on their face with the requirements of this chapter.

Source: Article 608, Palau National Code, Title 33 Public Employment Chapter 6 Code of Ethics revised edition April 2014

The Ethics Commission is reponsible for oversight and review of all issues covered by the public employment Code of Ethics