This past year saw a significant dip in the number of Foreign Corrupt Practices Act (FCPA) enforcement actions, but at the same time a series of new and important policy initiatives emanating from the White House and from the Department of Justice (DOJ) that signal a substantial commitment to investigating and prosecuting corruption-related crimes and
World Bank Group 2021 Annual Report on Sanctions System Highlights Enforcement Trends, Key Issues, and Issues Guidance on Integrity Audits
By Lucinda Low, Brigida Benitez & Bo Yue on
Posted in Sanctions Enforcement, WTO
The World Bank Group (the Bank) issued its fourth joint Sanctions System Annual Report on October 18, covering the Bank’s fiscal year from July 1, 2020 through June 30, 2021. The report includes updates by the Integrity Vice Presidency (INT), the Office of Suspension and Debarment (OSD), and the Sanctions Board.
Notably, the number of…