INVESTIGATIONS AND SANCTIONS REGIMES AT MULTILATERAL DEVELOPMENT BANKS – WHAT YOU NEED TO KNOW

On 13 September, an article from Orrick, Herrington and Sutcliffe LLP says that given the billions of dollars made available by MDB (e.g. the World Bank and Africa Development Bank or AfDB) for pandemic containment and recovery efforts over the last 18 months or so, private parties who receive this funding and their contractors should anticipate an upsurge in anti-corruption enforcement by MDB and safeguard against this risk by reviewing and enhancing their own compliance programmes.

https://www.jdsupra.com/legalnews/investigations-and-sanctions-regimes-at-3097664/

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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