Overview
Steptoe partners Brigida Benitez and Claire Rajan authored an article titled "Key Changes In World Bank's New Compliance Updates" that appeared in Law360.
The article examines the World Bank's first major update in 15 years to its Integrity Compliance Guidelines. It details new and expanded compliance expectations, ranging from obstruction prevention and AI risk management to M&A diligence for companies bidding on or working on World Bank financed projects and the sanctions risk they face if they fall short.