Ms. Susan Finder's blog

AIIB’s new robust policy on prohibited practices

Ms. Susan Finder
Posted: Mar 17, 2017

On 8 December 2016, about a month after my previous blogpost entitled “Chinese Companies and the World Bank’s Procurement Blacklists” was published on this website, the Asian Infrastructure Investment Bank (AIIB) re-issued its Policy on Prohibited Practices. The policy has not received much attention outside of China, but is significant for both the legal and business community. In the Policy on Prohibited Practices, the AIIB sets out its rules and procedures. Prohibited Practices are defined in Section 3.2.

Chinese Companies and the World Bank’s Procurement Blacklists

Ms. Susan Finder
Posted: Oct 28, 2016

The World Bank and other multilateral development banks have robust fraud and corruption policies relating to procurement and consulting services, with due process procedures that permit the accused firms to challenge the banks’ findings.