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EBRD sanctions system

As part of the measures taken to implement Article 8.1 of the Agreement Establishing the European Bank for Reconstruction and Development, the EBRD prohibits corrupt, fraudulent, coercive, collusive and obstructive practices, including theft and misuse of the Bank's  resources or assets ("Prohibited Practices") in relation to its work. The EBRD may sanction any individual or entity found to have engaged in these practices.  

The EBRD’s Enforcement Policy and Procedures (EPPs) define and set forth the rules for investigating and sanctioning Prohibited Practices related to the EBRD’s assets and projects financed from the its ordinary capital resources, Special Funds resources or trust fund resources, or from cooperation funds the EBRD administers. Sanctions may include debarment from becoming a recipient of EBRD resources or administered funds. Those debarred from various other international financial institutions may also be cross-debarred in accordance with the EPPs. The EPPs reflect the EBRD’s commitment to promoting integrity and good governance. This approach is harmonised with other multilateral development banks (MDBs) via the Uniform Framework for Preventing and Combating Fraud and Corruption and other shared principles and guidelines. 
   


Further details may be found by accessing the pages below. These describe the investigative, first-tier and second-tier processes under the EPPs, have links to various key documents, to a list of those debarred or cross-debarred and describe how to report suspicions of Prohibited Practices. 

In this section

Office of the Chief Compliance Officer

The External Investigations team within the Office of the Chief Compliance Officer is mandated to independently investigate Prohibited Practices in relation to EBRD-financed projects and, if applicable, refer the matter to the Enforcement Commissioner.

Enforcement Commissioner

The Enforcement Commissioner is the first tier of the EBRD’s two-tier enforcement process and helps ensure that our projects and activities are free of Prohibited Practices.

Enforcement Committee

The Enforcement Committee is the second tier of the EBRD’s enforcement process and helps ensure that our projects and activities are free of Prohibited Practices.

Ineligible Entities

Click here for a link to the list of entities and individuals ineligible to become an EBRD counterparty.  

Key Documents

Click here for links to various key documents related to the EBRD’s sanctions system. 

Report Prohibited Practices

If you suspect the occurrence of any corrupt, fraudulent, coercive, collusive or obstructive practices, including theft or misuse of the EBRD’s resources or assets, please report it here.