Multilateral Development Bank Sanctions and Investigations

On August 31, 2021, Orrick and the Cyrus R. Vance Center hosted a webinar on the multilateral development bank (MDB) sanctions and investigations, which focused on the World Bank and African Development Bank processes. The event featured Thomas Laryea and Kenton Atta-Krah from Orrick and a panelist from the Vance Center Fellows. Attendees included contractors on MDB financed projects and government officials.

The webinar focused on recent developments in MDB sanctions and investigations, including issues with MDB procurement, contracting processes and enforcement actions. With the recent increase in MDB financing in the wake of the COVID-19 pandemic, the compliance risks associated with the use of such financing warrants additional scrutiny by private parties and government officials. There was also a discussion on how recent outcomes in enforcement actions and investigations may influence anti-corruption and anti-bribery compliance.

WATCH THE WEBINAR:

Please click below to view a recording of the event.

CLE INFORMATION: This course is eligible for New York and California CLE credit. Please complete and retain the applicable form for your records. The New York self-study form must be emailed to Melissa Woods and Jane Gracey. The California self-study form does not need to be emailed to Melissa Woods and Jane Gracey.

Orrick, Herrington & Sutcliffe LLP is an accredited MCLE provider in the State of New York. This transitional and non-transitional continuing legal education course has been approved in accordance with the requirements of the Continuing Legal Education Board for a maximum of 1.5 credit hours, of which 1.5 credit hours can be applied toward the areas of professional practice requirement.

Orrick, Herrington & Sutcliffe LLP is an accredited MCLE provider in the State of California. This continuing legal education course has been approved in accordance with the requirements of the State Bar of California for a maximum of 1.25 credit hours, of which 1.25 credit hours can be applied to the general requirement.

View the presentation slides here.