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Voluntary Disclosure Program

The Bank encourages firms or individuals involved in Bank-financed projects to volunteer information on prohibited practices in which they may have participated.

In exchange for full cooperation, Voluntary Disclosure will be considered a mitigating factor that may allow companies or individuals to:

  • reduce the risk of being the subject of an IACD investigation
  • avoid the reputational damage of a public debarment
  • remain anonymous as part of the confidentiality agreement which they sign with the Bank
  • continue to compete for Bank Group-supported contracts
  • strengthen their corporate brand, building on a solid best practice compliance policy
  • be able to work in a constructive framework and responsibly deal with “inherited” problems resulting from previous corporate acquisitions