The Rising Influence of Multilateral Development Banks in the Fight Against Corruption
Washington, DC, 12 PM GMT
In-Person Event at:
1730 Pennsylvania Avenue, NW
Washington, DC 20006
Teleconference Option Available!
The influence of the multilateral development banks in the fight against corruption is on the rise. These institutions now routinely conduct anti-corruption investigations of bank-funded projects, with far-reaching consequences for companies, including debarment and referral of cases to country enforcement authorities.
What is at stake for companies is significant: millions in penalties, sometimes even greater costs for legal and consulting services, and of course jail time for individuals.
This panel will discuss the multilateral bank sanctions process; the impact and significance of cross-debarment; cooperation between MDBs and national authorities and the impact that has (e.g. multi jurisdictional and joint investigations); and how companies can avoid sanctions through effective anti-corruption compliance.
- Glenn Ware, PwC, Principal, Leader, International Anti-corruption, Corporate Intelligence and Strategic Threat Management
- Pascale Dubois, World Bank, Chief Suspension and Debarment Officer; Georgetown University Adjunct Professor of Law
- Juan Ronderos, Inter-American Development Bank, Sanctions Officer
- Elizabeth Barrett, Slaughter and May, Partner, Financial Regulation, Global Investigations
- John Coogan, International Finance Corporation, Head, Conflicts of Interest and Integrity, Legal Department
- James Koukios, Partner, Morrison Foerster
- Leslie Benton, Center for Responsible Enterprise and Trade, Anti-Corruption Committee Vice-Chair