Sanctionable Practices definition

Sanctionable Practices means any Corrupt Practice, Fraudulent Practice, Coercive Practice, Collusive Practice, or Obstructive Practice.
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Sanctionable Practices means any corrupt practice, fraudulent practice, collusive practice, coercive practice, or obstructive practice, carried out in connection with Projects or Programmes and as defined in Section 4 of these Sanctions Procedures.
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Sanctionable Practices means any Corrupt Practice, Fraudulent Practice, Coercive Practice, Collusive Practice or Obstructive Practice, as those terms are defined and interpreted in accordance with the Anti-Corruption Guidelines.
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Examples of Sanctionable Practices in a sentence

  • Consultant’s Personnel and sub-contractors and agents, if any, shall report to the Integrity and Ethics Section of IsDB suspected Sanctionable Practices that they come to know during the bidding process and throughout negotiation or execution of the Agreement.

  • The Statement of Accusations and Evidence (the “SAE”) prepared by the Bank’s Integrity Vice Presidency (“INT”) and appended to the Notice contained INT’s accusation that the Respondent engaged in Sanctionable Practices (as defined in the Sanctions Procedures) in connection with the above-named project (the “Project”).

  • These Procedures shall apply to the process for making Findings of Sanctionable Practice(s) alleged to have been committed in any Bank Group Financed Project(s) or Programmes, as well as to all cases in which it shall be necessary to make a determination in a case involving an allegation of Sanctionable Practices committed by any party or beneficiary in Bank Group Financed Operations and any of such party or beneficiary’s Affiliates.

  • In submitting the Findings of Sanctionable Practice(s) to the Sanctions Commissioner, IACD shall present all relevant evidence in its possession that would reasonably tend to show that the Respondent has not committed the alleged Sanctionable Practice (exculpatory evidence) or that there are circumstances that mitigate the Respondent’s culpability.

  • However, when warranted by the circumstances17, the Sanctions Board or the Sanctions Board Panel may impose cumulative sanctions pertaining to the multiple Sanctionable Practices.

  • The Respondent may also present evidence and arguments of mitigating circumstances15, the intervening implementation of programs to detect or prevent Sanctionable Practices, or other facts relevant to the Sanction Board’s decision concerning an appropriate sanction.

  • The Statement of Accusations and Evidence (the “SAE”) prepared by the Bank’s Integrity Vice Presidency (“INT”) and appended to the Notice contained INT’s accusations that the Respondents engaged in Sanctionable Practices (as defined in the Sanctions Procedures) in connection with the above-named project (the “Project”).

  • The Reply shall make such new arguments and provide any new evidence not presented in the Findings of Sanctionable Practices to the Sanctions Commissioner that IACD deems useful for consideration in the Appeal.

  • Where the Application is made prior to the issue of a Findings of Sanctionable Practice(s) or Notice, IACD shall provide sufficient evidence to indicate a likelihood that the Respondent has engaged in a Sanctionable Practice.

  • SNSO does not have jurisdiction to consider allegations of Sanctionable Practices against Bank Staff.


More Definitions of Sanctionable Practices

Sanctionable Practices means any Corrupt Practice, Fraudulent Practice, Coercive Practice, and Collusive Practice, each as defined in the Anti-Corruption guidelines of the International Finance Corporation in effect as of the date of this Charter;
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Sanctionable Practices means any practice by an entity or individual that is corrupt, fraudulent, improperly collusive, coercive or obstructive, and carried out in connection with a Bank Group-financed Activity or an Investigation, audit or sanctions proceeding.
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Sanctionable Practices means any fraudulent, coercive, corrupt, collusive, obstructive, or fraudulent practice, as defined in the World Bank’s Anti-Corruption Guidelines for World Bank Guarantee and Carbon Finance Transactions.
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Related to Sanctionable Practices

  • collusive practices means a scheme or arrangement between two or more Bidders, with or without the knowledge of the Procuring Entity, designed to establish bid prices at artificial, non-competitive levels.

  • Corrupt and Fraudulent Practices means either one or any combination of the practices given below;

  • ISO-NE Practices means the ISO-NE practices and procedures for delivery and transmission of energy in effect from time to time and shall include, without limitation, applicable requirements of the NEPOOL Agreement, and any applicable successor practices and procedures.

  • coercive practices means harming or threatening to harm, directly or indirectly, persons, or their property to influence their participation in a procurement process, or affect the execution of a contract;

  • Corrupt practices means the offering, giving, receiving or soliciting of anything of value to influence the action of a Government official in procurement process or in contract execution: and

  • Active practice means post-licensure practice at the level of licensure for which an applicant is seeking licensure in Virginia and shall include at least 360 hours of practice in a 12-month period.

  • collusive practice means a scheme or arrangement between two or more Bidders, with or without the knowledge of the Purchaser, designed to establish bid prices at artificial, non- competitive levels; and

  • Unfair trade practices means supply of services different from what is ordered on, or change in the Scope of Work;

  • Group practice means a group of two or more health care providers legally organized as a partnership, professional corporation, or similar association:

  • Unfair practice means (i) establishing contact with any person connected with or employed or engaged by the Authority with the objective of canvassing, lobbying or in any manner influencing or attempting to influence the Bidding Process; or (ii) having a Conflict of Interest; and

  • fradulent practice means a misrepresentation or omission of facts in order to influence a procurement process or the execution of contract;

  • Anti-Money Laundering and Anti-Terrorism Laws shall have the meaning assigned thereto in Section 3.1(f)(i).

  • corrupt practice means the offering, giving, receiving, or soliciting of anything of value to influence the action of a public official in the procurement process or in contract execution.

  • Prohibited Practices means the prohibited practices set forth in paragraph 4 of the Policy on Prohibited Practices;

  • Corruption means the abuse of entrusted power for private gain. It may include improperly influencing the actions of another party or causing harm to another party. The gain or benefit may be for the person doing the act or for others.

  • undesirable practice means (i) establishing contact with any person connected with or employed or engaged by the Authority with the objective of canvassing, lobbying or in any manner influencing or attempting to influence the Bidding Process; or (ii) having a Conflict of Interest; and

  • Bribery Act means the Bribery Act 2010 and any subordinate legislation made under that Act from time to time together with any guidance or codes of practice issued by the relevant government department concerning this legislation;

  • Unsafe or unsound practice means a practice or conduct by a

  • Anti-Terrorism Laws are any laws relating to terrorism or money laundering, including Executive Order No. 13224 (effective September 24, 2001), the USA PATRIOT Act, the laws comprising or implementing the Bank Secrecy Act, and the laws administered by OFAC.

  • Best Practices means a term that is often used inter-changeably with “evidence- based practice” and is best defined as an “umbrella” term for three levels of practice, measured in relation to Recovery-consistent mental health practices where the Recovery process is supported with scientific intervention that best meets the needs of the Client at this time.

  • fraudulent practices which means any act or omission, including a misrepresentation, that knowingly or recklessly misleads, or attempts to mislead, a party to obtain a financial or other benefit or to avoid an obligation; and

  • Unfair trade practice means supply of services different from what is ordered on, or change in the Scope of Work.

  • Anti-Corruption Guidelines means the “Guidelines on Preventing and Combating Fraud and Corruption in Projects Financed by IBRD Loans and XXX Credits and Grants”, dated October 15, 2006.

  • obstructive practices which means harming or threatening to harm, directly or indirectly, persons to influence their participation in a procurement process, or affect the execution of a contract;

  • coercive practice means harming or threatening to harm, directly or indirectly, persons or their property to influence their participation in the procurement process or affect the execution of a contract;

  • Foreign Corrupt Practices Act means the Foreign Corrupt Practices Act of the United States, 15 U.S.C. Sections 78a, 78m, 78dd-1, 78dd-2, 78dd-3, and 78ff, as amended, if applicable, or any similar law of the jurisdiction where the Property is located or where the Company or any of its Subsidiaries transacts business or any other jurisdiction, if applicable.