Review of World Bank Procurement Sanctions for Corruption

The World Bank Group is currently undertaking a global consultation on its sanctions system. This consultation is a stock-taking exercise, evaluating the implementation of the system and its various reforms to date, with a view to identifying possible entry points for making improvements.

The Bank's sanctions system is an administrative process for sanctioning firms and individuals found to have engaged in corrupt, fraudulent, collusive, coercive or obstructive practices in connection with Bank-financed projects.

This system provides parties alleged to have engaged in a sanctionable practice with an appropriate level of due process before a decision on sanctions, if any, is imposed.

Details on the consultation are available at  www.worldbank.org/legal/sanctionsreview

EU UPDATE: Customs - Combined Nomenclature 2014 Pu...
EU UPDATE: New York State Bar Association - Whistl...

Related Posts

 

By accepting you will be accessing a service provided by a third-party external to https://www.graystoncompany.com/