Webcast – World Bank Sanctions and Enforcement: Why You Need to Be Prepared

May 27, 2014

​Featuring a senior staff member from The World Bank’s Integrity Vice Presidency and leading anti-corruption and enforcement practitioners

Join leading anti-corruption and enforcement practitioners from Gibson Dunn and PricewaterhouseCoopers for an engaging discussion with a senior staff member from the World Bank’s Office of Integrity Vice Presidency about the World Bank’s expanding role in combatting global fraud and corruption and sanctioning companies that engage in wrongdoing.

Topics discussed include:

  • The growing role of the World Bank in policing fraud, corruption, and other sanctionable conduct
  • How the World Bank defines sanctionable practices, how the Bank investigates allegations of misconduct, the breadth of the World Bank’s jurisdiction over contractors, and how the Bank’s sanctions process works
  • Understanding the different types of sanctions and the consequences of being sanctioned by the World Bank, including cross-debarment by other multilateral development banks
  • The Bank’s use of negotiated agreements to resolve allegations of misconduct
  • The Bank’s expectations for your corporate compliance program
  • The intersection of the FCPA and World Bank sanctions
  • The perspective of the World Bank’s Integrity Vice Presidency on what companies can do to mitigate the risk of being sanctioned

View Slides [PDF]

MODERATOR:

F. Joseph Warin—Co-Chair of Gibson Dunn’s White Collar Defense and Investigations practice and former Assistant United States Attorney in Washington, D.C. Mr. Warin was named 2014 Investigations Lawyer of the Year by Who’s Who Legal, and has been ranked as a leading FCPA, white collar criminal defense, securities compliance and enforcement attorney by 2013 Chambers USA: America’s Leading Lawyers for Business, 2006 – 2013 Best Lawyers in America, and a White Collar Law MVP by Law360. Mr. Warin’s areas of expertise include white collar crime and securities enforcement, including Foreign Corrupt Practices Act investigations, World Bank investigations, False Claims Act cases, special committee representations, compliance counseling, and complex civil litigation. He has counseled numerous companies regarding World Bank investigations, and is currently serving as World Bank post-settlement counsel to several companies.

Panelists:

Mamta Kaushal—Advisor to the Director of Operations, The World Bank’s Office of the Integrity Vice Presidency (INT). On the Director’s behalf, Ms. Kaushal oversees INT’s process of settling cases with companies that seek alternate resolution to matters that would otherwise go through the Bank’s full sanctions proceedings process. Ms. Kaushal also manages INT’s referral process, through which the Bank engages with national authorities on cases of potential or mutual interest. In addition, Ms. Kaushal handles various policy and investigative issues on the Director’s behalf as they arise, both within the World Bank Group and with external partners. Prior to this position, Ms. Kaushal worked as a Senior Litigation Specialist within INT’s Special Litigation Unit, providing legal guidance to investigative teams during investigations, preparing pleadings for cases presented in World Bank sanctions proceedings and arguing cases before the World Bank’s Sanctions Board.

Michael S. Diamant—Partner in Gibson Dunn’s Washington, D.C. office with expertise in internal investigations and corporate compliance, and broad white collar defense experience representing corporations and corporate executives facing criminal and regulatory charges. Mr. Diamant was named one of the “world’s leading investigations lawyers under the age of 40” in 2014 by Global Investigations Review. He has substantive expertise with the U.S. Foreign Corrupt Practices Act (“FCPA”), and extensive World Bank enforcement experience, working on behalf of clients under investigation by the World Bank Integrity Vice Presidency and assisting companies already subject to World Bank sanctions. Recent engagements have included negotiating resolutions with the World Bank and aiding clients in myriad post-settlement interactions with the Bank. In addition to the World Bank Group matters, Mr. Diamant has worked on behalf of clients to deal with the enforcement functions of other multilateral development banks.

Glenn T. Ware—Principal, International Anti-corruption, Corporate Intelligence and Strategic Threat Management with PricewaterhouseCoopers in Washington D.C. Mr. Ware is PwC’s foremost anti-corruption, governance and corporate intelligence expert and leads these practice areas for the firm. His clients include Fortune 100 companies, current and former heads of state and Nobel peace prize winners as well as international and nongovernmental organizations. He was previously with the World Bank as Chief Investigative Counselor. His practice focuses on anti-corruption and governance matters, corporate intelligence investigations, World Bank Sanctions, and managing the diverse threat spectrum confronting multinational actors in emerging markets.