Webcast: World Bank Enforcement Initiatives

Webcasts  |  January 14, 2026

Multilateral Development Banks, such as The World Bank, the Inter-American Development Bank, and Asian Development Bank, have robust enforcement processes to police fraud, corruption, and related sanctionable practices in MDB-funded projects. MDBs have powerful investigative, auditing, and sanctioning tools at their disposal, which can result in significant penalties against individuals and companies. These penalties can be financially devastating for companies – including being debarred from working on any MDB-funded projects anywhere in the world for a single violation on an MDB-funded project. This recorded webcast explores recent trends in MDB enforcement and provides tips on how to manage MDB enforcement risk.

MCLE CREDIT INFORMATION:

This program has been approved for credit in accordance with the requirements of the New York State Continuing Legal Education Board for a maximum of 1.0 credit hours, of which 1.0 credit hours may be applied toward the areas of professional practice requirement. This course is approved for transitional/non-transitional credit.

Attorneys seeking New York credit must obtain an Affirmation Form prior to watching the archived version of this webcast. Please contact CLE@gibsondunn.com to request the MCLE form.

Gibson, Dunn & Crutcher LLP certifies that this activity has been approved for MCLE credit by the State Bar of California in the amount of 1.0 hours in the General category.

California attorneys may claim “self-study” credit for viewing the archived version of this webcast. No certificate of attendance is required for California “self-study” credit.

PANELISTS:

Oleh Vretsona is a partner in Gibson Dunn’s Washington, D.C. office, where he focuses on white collar criminal defense, internal investigations, regulatory inquiries, and corporate compliance. He has represented clients in a wide variety of matters, including matters arising under the U.S. Foreign Corrupt Practices Act, and he has advised clients on structure and implementation of corporate compliance programs.

Michael Diamant is a partner in Gibson Dunn’s Washington, D.C. office and a member of the firm’s White Collar Defense and Investigations Practice Group. He concentrates his practice on white collar criminal defense, internal investigations, and corporate compliance. In addition to his U.S. government-facing work, Michael has extensive World Bank Group enforcement experience—representing clients under investigation by the Integrity Vice Presidency (INT), assisting companies subject to World Bank sanction, appearing before other multilateral development bank enforcement authorities, and securing successful outcomes including negotiated settlements, declinations, and full litigation victories in the World Bank’s sanctions process.

Pedro Soto is of counsel in Gibson Dunn’s Washington, D.C. office and a member of the White Collar Defense and Investigations Practice Group. He has approximately 15 years of experience representing corporations and individuals under investigation by government authorities around the world, as well as the integrity units of multilateral development banks (MDBs), such as the World Bank and the Asian Development Bank.

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Attorney Advertising: These materials were prepared for general informational purposes only based on information available at the time of publication and are not intended as, do not constitute, and should not be relied upon as, legal advice or a legal opinion on any specific facts or circumstances. Gibson Dunn (and its affiliates, attorneys, and employees) shall not have any liability in connection with any use of these materials.  The sharing of these materials does not establish an attorney-client relationship with the recipient and should not be relied upon as an alternative for advice from qualified counsel.  Please note that facts and circumstances may vary, and prior results do not guarantee a similar outcome.