Integrity & sanctions at the World Bank with Liu Chang

AUG 26, 202544 MIN
Legal Frontiers from PKU STL

Integrity & sanctions at the World Bank with Liu Chang

AUG 26, 202544 MIN

Description

Multilateral development banks provide tens of billions of dollars in financing every year. To ensure that this money gets to its intended beneficiaries, MDBs have developed their own systems of investigation and sanctions for fraud, corruption and other misconduct. In this episode, Liu Chang, Counsel at the World Bank’s Office of Suspension and Debarment, discusses the World Bank’s sanctions system from its legal underpinnings to adjudication to compliance, as well as integrity cooperation among MDBs and current challenges in the field.