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Sanctions System

Sanctions System

The IDB Group has an extensive set of policies, best practices and specialized mechanisms to reinforce integrity best practices and deter Prohibited Practices such as fraud and corruption in all IDB-Group financed projects.

Statue Of Lady Justice. Transparency - Inter-American Development Bank - IDB
Office of Institutional Integrity Office of the Sanctions Officer The Sanctions Committee

In the context of promoting integrity and good governance in the region, the IDB Group is committed to the highest integrity standards in all its operations. In alignment with this commitment, the IDB Group has an extensive set of policies, best practices, and specialized mechanisms to reinforce integrity best practices and deter Prohibited Practices such as fraud and corruption in all IDB-Group financed projects.

A key component of the deterrence of Prohibited Practices is the IDB Group’s Sanctions System, composed of the Office of Institutional Integrity (OII), the Sanctions Officer (SO), and the Sanctions Committee (SNC). Guided by the Uniform Framework for Preventing and Combating Fraud and Corruption adopted by the International Financial Institutions Anti-Corruption Task Force and the IDB Group’s Sanctions Procedures, the three components of the Sanctions System form a robust mechanism to address Prohibited Practices in IDB Group-financed activities through transparent investigations and two-tier adjudication processes that can result in administrative public sanctions.  

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Office of Institutional Integrity - Complaint Form
Submit An Allegation
A Corrupt Practice is

the offering, giving, receiving, or soliciting, directly or indirectly, anything of value to influence improperly the actions of another party

A Fraudulent Practice is any act or omission, including a misrepresentation

that knowingly or recklessly misleads, or attempts to mislead, a party to obtain a financial or other benefit or to avoid an obligation

A Coercive Practice is impairing or harming, or threatening to impair or harm

directly or indirectly, any party or the property of the party to influence improperly the actions of a party.

A Collusive Practice is an arrangement between two or more parties

designed to achieve an improper purpose, including influencing improperly the actions of another party.

An Obstructive Practice is any act that intended to impede

the exercise of the Bank’s contractual rights of audit or inspection or access to information.

Misappropriation is the use of IDB Group financing

or resources for an improper or unauthorized purpose, committed either intentionally or through reckless disregard (Effective 1/1/2020).

Sanctions System Key Documents
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Sanctioned Firms and Individuals

The firms and individuals listed below have been sanctioned for having engaged in fraudulent, corrupt, collusive, coercive or obstructive practices (collectively, Prohibited Practices), in violation of the IDB Group’s Sanctions Procedures and anti-corruption policies.

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File a complaint

The IDB Group has established mechanisms to ensure the integrity of its projects, and to guarantee that violators receive a sanction proportional to the infraction, after having had the opportunity to present their defenses.

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