In October, the World Bank Group (WBG) published its third
Sanctions System Annual Report for Fiscal Year 2020 (FY20), which covers the period from 1 July 2019 to 30 June 2020. The report provides a detailed look at the recent activities of the three units of the WBG s Sanctions System – the Integrity Vice Presidency (INT), the Office of Suspension and Debarment (OSD), and the Sanctions Board – and provides important insights into priorities for the coming year.
An overview of activities in FY20
The WBG s Sanctions System addresses allegations that firms and individuals involved in WBG-financed projects committed sanctionable practices. INT investigates these allegations in the first instance. If INT determines there is sufficient evidence to pursue sanctions, it may seek to negotiate a settlement with the accused or it may submit a Statement of Accusations and Evidence to OSD, the first tier of review in adjudicating whether to impose sanctions. OSD s sanctions decisions may
Introduction
In October 2020 the World Bank Group (WBG) published its third Sanctions System Annual Report FY20, which covers 1 July 2019 to 30 June 2020. The report provides a detailed look at the recent activities of the three units of the WBG s sanctions system:
the Integrity Vice Presidency (INT);
the Office of Suspension and Debarment (OSD); and
the Sanctions Board.
Overview of FY20 activities
The WBG s sanctions system addresses allegations that firms and individuals involved in WBG-financed projects committed sanctionable practices. INT investigates these allegations in the first instance. If INT determines that there is sufficient evidence to pursue sanctions, it may seek to negotiate a settlement with the accused or submit a statement of accusations and evidence to the OSD – the first tier of review in adjudicating whether to impose sanctions. The OSD s sanctions decisions may be appealed to the Sanctions Board – the second and final tier of review.