World Bank Anti-Corruption Enforcement: What Companies and Counsel Need to Know
Engaging With the Bank, Providing Information, and Structuring Compliance Programs
Recording of a 90-minute CLE webinar with Q&A
This CLE course will guide counsel on the World Bank's sanctions and investigations processes. The panel will offer insights into the program's legal principles and practice, and outline approaches for engaging with the Bank, providing information and structuring compliance programs.
Outline
- Bank sanctions process
- Jurisdiction
- Role of Integrity Vice Presidency (INT)
- The scope of sanctionable conduct
- Anatomy of a bank investigation
- Initiation of investigation and preliminary assessment
- Two-tiered sanctions process
- Evaluation by Office of Suspension and Debarment (SDO)
- Sanctions Board
- Determination of recommended action
- Debarment, cross-debarment and conditional release
- Settlement process
- Best practices
- Engagement with bank
- Strategy when providing information
- Affirmative compliance enhancements
- Effective advocacy
Benefits
The panel will offer an exchange of views, both from the outside counsel perspective and the Bank perspective, on topics such as the following:
- What constitutes prohibited activity under Bank rules
- How Bank investigations start
- How the Bank investigation process works
- The investigative powers the Bank employs, including its coordination with national authorities
- Steps counsel and companies should take to monitor and manage proper compliance with Bank rules
- Recommended steps for responding to a Bank investigation
Faculty
Lindsey B. Fetzer
Partner
Bass Berry & Sims
Ms. Fetzer focuses her practice on white collar and corporate compliance matters, including healthcare fraud and abuse... | Read More
Ms. Fetzer focuses her practice on white collar and corporate compliance matters, including healthcare fraud and abuse issues. She has handled foreign and domestic matters involving the U.S. Dept. of Justice, the U.S. Securities and Exchange Commission, and other primary enforcement agencies. She has experience in matters involving the Foreign Corrupt Practices Act and has conducted internal investigations and risk-based anti-corruption compliance reviews in Asia, Africa, Europe and South America. She also assists clients in developing and assessing anti-corruption compliance programs and in evaluating anti-corruption due diligence protocols.
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Thaddeus R. McBride
Member
Bass Berry & Sims
Mr. McBride represents companies and individuals in international trade regulatory, compliance, investigative, and... | Read More
Mr. McBride represents companies and individuals in international trade regulatory, compliance, investigative, and enforcement matters involving U.S. economic sanctions and economic embargoes, U.S. export controls, FCPA, U.S. anti-boycott controls, U.S. customs and other import controls, anti-money laundering and other banking controls, and U.S. international trade enforcement and regulatory actions.
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David Tiang
Founding Partner
Tiang & Partners
Mr. Tiang’s practice focuses on governance, risk management and compliance. He also has extensive experience in... | Read More
Mr. Tiang’s practice focuses on governance, risk management and compliance. He also has extensive experience in corporate commercial matters in China and other Asia jurisdictions). Mr. Tiang has worked in Sydney, Hong Kong and Shanghai for different international law firms and was the Asia regional counsel for General Electric and Walmart. He was a partner with King & Wood Mallesons based in Shanghai from 2012 until the establishment of Tiang & Partners in 2017.
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