Comment Period Open for World Bank's Internal Review of its Sanctions System
The World Bank Group is conducting a major self-assessment of its Sanctions System and has invited public participation and comment. The review is intended to foster a broad discussion of the Bank's policies and practices that address concerns about the integrity of firms and individuals participating under Bank-financed projects. Comments about the current system and possible reforms may be made through October 31, 2013.
This Advisory provides a brief overview of the self-assessment process, the current Sanctions System, and some of the issues the Bank is highlighting in the self-assessment.