Where did the idea come from?
The groundwork for this landmark accord was laid out in September 2006 when the Asian Development Bank, African Development Bank Group, European Bank for Reconstruction and Development, European Investment Bank, Inter-American Development Bank, World Bank Group, and IMF signed the Uniform Framework for Preventing and Combating Fraud and Corruption. The agreement standardized the definitions of the practices for which entities could be sanctioned (including debarment).
The agreement also stated in paragraph 5 that the member institutions would explore how they can support enforcement actions taken by others. Cross debarment is the result of these efforts.
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