TY - CHAP
T1 - Cross Debarment
AU - Fromageau, Edouard
N1 - Published under the direction of Hélène Ruiz Fabri, with the support of the Department of International Law and Dispute Resolution, under the auspices of the Max Planck Institute Luxembourg for Procedural Law.
PY - 2019
Y1 - 2019
N2 - Cross debarment is a procedure established by five multilateral development banks—the African Development Bank Group (‘AfDB’), the Asian Development Bank (‘ADB’), the European Bank for Reconstruction and Development (‘EBRD’), the Inter-American Development Bank (‘IADB’) and the World Bank Group (‘WB’)—in order to mutually enforce their debarment actions with respect to four harmonized sanctionable practices ie corruption, fraud, coercion, and collusion. Consequently, firms and individuals debarred by one of these banks could then be sanctioned, for the same misconduct, by the other banks. This procedure was established by the Agreement on Mutual Enforcement of Debarment Decisions (‘AMEDD’), which was signed by these multilateral development banks on 9 April 2010 in Luxembourg.
AB - Cross debarment is a procedure established by five multilateral development banks—the African Development Bank Group (‘AfDB’), the Asian Development Bank (‘ADB’), the European Bank for Reconstruction and Development (‘EBRD’), the Inter-American Development Bank (‘IADB’) and the World Bank Group (‘WB’)—in order to mutually enforce their debarment actions with respect to four harmonized sanctionable practices ie corruption, fraud, coercion, and collusion. Consequently, firms and individuals debarred by one of these banks could then be sanctioned, for the same misconduct, by the other banks. This procedure was established by the Agreement on Mutual Enforcement of Debarment Decisions (‘AMEDD’), which was signed by these multilateral development banks on 9 April 2010 in Luxembourg.
M3 - Entry for encyclopedia/dictionary
BT - Max Planck Encyclopedia of International Procedural Law
PB - Oxford University Press (OUP)
ER -
