ABOUT US

RECURSOS CONCESIONALES

Integrity and Accountability at the IDB

The Bank Group strives to ensure its activities are free of fraud and corruption and subject to the strictest control mechanisms.

The Bank Group’s Sanction System comprises the Office of Institutional Integrity (OII), the Case Officer and the Sanctions Committee. OII investigates allegations of wrongdoing and conducts prevention activities. The Case Officer and the Sanctions Committee review OII’s investigative findings and have the authority to sanction parties for wrongdoing. The list of sanctioned parties is published on the IDB’s website.

Citizens Safeguards

Two accountability mechanisms—the Access to Information Policy and the Independent Consultation and Investigation Mechanism—ensure that the Bank’s activities, especially the projects it finances, benefit from stakeholders having timely access to information and communities or individuals able to file complaints when they believe they might be adversely affected by IDB-financed operations.

Ethics at the IDB Group

The IDB Group's commitment to integrity and transparency begins with its own staff. IDB employees adhere to strict ethical standards laid out in the 2012 Code of Ethics and Professional Conduct. The Board of Executive Directors is subject to its own Code. The Bank's Ethics Officer investigates ethical violations by Bank staff and ensures compliance with financial disclosure requirements. The Bank has strong mechanisms to protect whistleblowers.

Internal Conflict Resolution System

To help resolve employee-related conflicts, the IDB has an Office of Ombuds and Mediation Services, part of its internal conflict resolution system. The final instance to settle disputes over employee relations with the Bank or the Corporation is the IDB Administrative Tribunal.