Enforcement Commissioner

The EBRD’s Enforcement Policy and Procedures (EPPs) define the Prohibited Practices and set out the policy and procedures for the sanctioning of Prohibited Practices suspected or found to have occurred in projects financed from the EBRD’s ordinary capital resources, Special Funds resources, trust funds or cooperation funds administered by the EBRD.

The Bank’s enforcement proceedings follow a two-stage decision-making process, described in more detail in the Note on the EBRD’s Enforcement Processes, including Settlement Agreements. The Enforcement Commissioner is the first-tier decision-maker and has a number of roles as set out in the EPPs. These include:  


• making a determination on imposing sanctions for Prohibited Practices, based on the results of the EBRD’s own investigation of an alleged Prohibited Practice
• imposing sanctions for Prohibited Practices, based on the final judgment of a judicial process in an EBRD member country or the enforcement mechanism of certain international organisations
• making a determination on imposing sanctions following a debarment made by parties to the Agreement for Mutual Enforcement of Debarment Decisions

• approving settlements, in consultation with the EBRD’s General Counsel
• suspending eligibility to become an EBRD counterparty.

The decisions of the Enforcement Commissioner with regard to the first two bullets above may be appealed to the Enforcement Committee.

In order to deliver certain notices, the Enforcement Commissioner is attempting to locate the firm(s) and/or individual(s) listed in the table below:

More information, as well as copies of the relevant notice, can be obtained by contacting the Enforcement Commissioner by mail, telephone or e-mail to provide the necessary address particulars to permit a successful delivery.  The contact details for the Enforcement Commissioner are as follows:

Xavier Reumont
Enforcement Commissioner
European Bank for Reconstruction and Development
Five Bank Street
London
E14 4BG
United Kingdom

Telephone number : +44 20 7338 7005
Email : reumontx@ebrd.com

*The name of any firm(s) and/or individual(s) listed in the table above is posted for a 45 day period expiring on the last day of the period which is specified in the table.  Any firm(s) and/or individual(s) listed in the table above will be deemed to have constructive notice of the contents of the applicable notice on the last day of the applicable 45 day period, unless actual delivery of such notice is accomplished before that date.

For more information on constructive notice under the Enforcement Policy and Procedures, see the Procedure on Constructive Notice under the EPPs.