Our Partnership with Other International Financial Institutions

In September 2006, the International Financial Institutions (IFI) Anti-Corruption Task Force published its Uniform Framework for Preventing and Combating Fraud and Corruption – a set of guidelines and recommended strategies meant to harmonize the efforts of participating multi-lateral development banks. The heads of the participating IFIs, including the IDB, have endorsed the Framework, which contains principles and guidelines for conducting investigations.

On April 9, 2010, the IDB, the African Development Bank (AFDB), Asian Development Bank (ADB), European Bank for Reconstruction and Development (EBRD) and World Bank Group (WB) took a bold step to further deter corruption by signing a landmark Agreement for Mutual Enforcement of Debarment Decisions, an agreement to mutually recognizes certain sanctions against firms and individuals found to have engaged in wrongdoing in activities financed by the signatories.