News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
In recent years, the World Bank Group has responded to overlapping global and regional crises with record levels of financial support. It is critical to ensure that these important development funds are used only for their intended purposes.… Continue Reading
The use of debarment and other administrative sanctions as tools to fight corruption in international development projects is a topic that understandably raises many questions. Not the least of which, and one that the World Bank Group (WBG) Sanctions Board encounters often, is the question of proportionality.… Continue Reading
The World Bank Group has done much work in recent years to improve its agility in operations to work smarter for greater results for our clients. The institution’s Sanctions System has been no exception.… Continue Reading
The World Bank debarred 267 firms and individuals last year, including cross debarments, in a big jump from prior years. … Continue Reading
As the world’s leading international development organization, the World Bank Group has committed to embracing diversity and inclusion in its work and workplace, and it has taken a zero-tolerance policy toward racism and any other form of discrimination.… Continue Reading
The prior post described the World Bank’s procedures for handling allegations of fraud in Bank-financed projects. This post looks at the types of evidence and mitigating factors that can be part of a decision to impose sanctions.… Continue Reading
Since 2001, the World Bank has sanctioned more than 400 firms and individuals. Let’s look at how that happens.
When there’s a complaint against a firm or individual involved in a World Bank-funded project, the Bank’s Integrity Vice Presidency (INT) investigates the allegations.… Continue Reading