Sanctions Regimes of Multilateral Development Banks

A timely and in-depth comparative study of the development and operation of the sanctions regimes of the MDBs viewed from the perspective of due process. A practical guide to the procedures, range of sanctions and sanctioning practices of MDBs with a blue print for future developments. Of interest to a broad range of practitioners, academics and generally those concerned with anti-corruption initiatives. - Andres Rigo, Current and former member of several Sanctions Boards Jelena Madir's insightful analysis of the origins, strengths and weaknesses of the sanctioning regimes of the multilateral development banks' is a significant achievement. She draws attention to the impact these regimes have had on corporate behaviour but raises legitimate questions about the accountability of the organisations that administer these regimes. The author argues convincingly that the MDBs must consider what she calls enhancements if these regimes are to withstand growing judicial challenges. Drawing upon customary and international law, national jurisprudence, as well as jurisprudence from the MDBs' own administrative tribunals, Ms Madir makes a strong case that greater harmonisation and enhancement of due process protections are key to the survival of the MDBs' ability to safeguard against the misuse of their funds. - Enery Quinones, Former Chief Compliance Officer, European Bank for Reconstruction and Development This is a very interesting and well-researched book, that will be of great use for anyone who has an interest in the sanctions regimes of the multilateral development banks. - James Spinner, Former Chair of the World Bank Group Sanctions Board