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Saying NO to Corruption

Saying NO to Corruption. Preventing Fraud and Corruption in ADB and its Projects. Clare Wee, Director. OVERVIEW. ADB’s anticorruption framework, systems and procedures Recent initiatives. ADB’s Anticorruption Policy. Highest Ethical Standards . Zero Tolerance.

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Saying NO to Corruption

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  1. Saying NO to Corruption Preventing Fraud and Corruption in ADB and its Projects Clare Wee, Director

  2. OVERVIEW ADB’s anticorruption framework, systems and procedures Recent initiatives

  3. ADB’s Anticorruption Policy • Highest Ethical Standards • Zero Tolerance • For all parties engaging with ADB to observe • For all ADB projects, activities, and staff to adhere to

  4. ADB’s internal preventive systems • Remediation Measures: Investigation • Risk-Mitigating Procedures • Monitoring Procedure Implementation & Effectiveness

  5. risk-mitigating procedures • Policies and controls • Anticorruption risk assessment • Project-Related Procurement Reviews • Awareness-raising • Anticorruption due diligence

  6. Periodic review of policies & procedures Gap analysis Data analytics Staff surveys MONITORING IMPLEMENTATION AND Effectiveness OF PROCEDURES

  7. Remediation • Investigations • Control enhancement

  8. Integrity Violations Conflict of Interest Misconduct Obstructive Practice Abuse MDB harmonized definitions

  9. ADB remedial actions against proven integrity violations MDB harmonized sanctioning guidelines

  10. ADB’s Sanctions List Available for the general public on Access to password-protected website by www.adb.org ADB Staff ADB Board of Directors Other parties with a “need to know”: International organizations, bilateral and Government partners

  11. Recent Initiatives

  12. Cross-Debarment Agreement (2010) Pursuant to 2006 Uniform Framework for Preventing and Combating Fraud and Corruption (the “IFI Framework”) 9 April 2010: Heads of MDBs signed Agreement in Luxembourg First global enforcement mechanism of sanctions by multiple MDBs

  13. Harmonized Sanctioning Guidelines (2011) Harmonization by MDBs of sanctioning guidelines to ensure consistent treatment of individuals and firms Aggravating circumstances Baseline debarment period Three (3) years Mitigating circumstances

  14. MDB harmonized principles of treatment of corporate groups (2012) Common standards for incorporation into each institution’s sanctioning policies Various corporate groups and other forms of business organizations Levels of culpability/responsibility determine type/severity of sanction

  15. If you have any questions • Contact OAI • Website:www.adb.org/integrity • E-mail: anticorruption@adb.org • integrity@adb.org • Telephone: +63-2-632 5004 • Fax: +63-2-636 2152

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