When firms or individuals are found through an INT investigation to have engaged in fraudulent, corrupt, collusive, coercive or obstructive practices, the World Bank Group may impose a sanction such as debarment. Debarred entities are then ineligible to be awarded a World Bank Group-financed contract, either permanently of for designated period of time. Sanctions hold wrongdoers accountable for their misconduct and help deter others from engaging in similar behavior.
The World Bank Group's sanctions system now places emphasis on debarred parties meeting certain integrity compliance conditions before they can once again participate in World Bank Group-financed projects. These conditions encourage debarred parties to focus on rehabilitating their business practices. The existing sanction of debarment with conditional release has become the default sanction for cases initiated under the World Bank Group's revised Sanctions Procedures as of April 2012. Going forward the establishment (or improvement) and implementation of an integrity compliance program satisfactory to the World Bank Group will be a principal condition to ending a debarment (or conditional non-debarment); or in the case of some existing debarments, early termination of the debarment.
The World Bank Group's Integrity Compliance Office
In September 2010, INT established the Integrity Compliance Office (ICO). In addition to monitoring integrity compliance by sanctioned companies (or codes of conduct for individuals), the ICO also decides whether the compliance condition and/or others established by the Sanctions Board or a World Bank Group Evaluation and Suspension Officer as part of a debarment, have been satisfied. See Sanctions Procedures Section 9.03 (Compliance with Conditions for Non-Debarment and Release from Debarment).
The Summary of World Bank Group Integrity Compliance Guidelines incorporates standards, principles and components commonly recognized by many institutions and entities as good governance, and anti-fraud and -corruption practices. They are not intended to be all-inclusive, exclusive or prescriptive; rather a party's adoption of these Guidelines, or variants thereof, should be determined based on that party's own circumstances.