News & Analysis as of

World Bank Suspensions & Debarments MDBs

Vinson & Elkins LLP

World Bank Group’s Watchful Eye: A Reminder of How Minor Ethical Breaches Can Result in Major Problems

Vinson & Elkins LLP on

While much attention is given to compliance with applicable laws, such as the U.S. Foreign Corrupt Practices Act of 1977, many companies working on projects sponsored by Multi-Lateral Development Banks (“MDBs” or “MDB”)...more

White & Case LLP

Africa Focus: Autumn 2020 - World Bank and African Development Bank increase their financing and anticorruption enforcement

White & Case LLP on

Pay attention to sanctions and debarment risks amid new COVID-19 financing opportunities. In recent weeks, the World Bank, the African Development Bank (AfDB) and other multilateral development banks (MDBs) have greenlit...more

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