Asian Development Bank Sanctions

The Asian Development Bank (ADB) imposes sanctions to maintain integrity and ensure fair practices in its operations. These sanctions are applied to individuals, firms, or organizations found to have committed fraud, corruption, or other unethical behaviors during ADB-Funded projects. The goal is to protect the adb’s financial resources and promote accountability.

Mitigate risk with our comprehensive screening solutions for your AML and sanctions compliance.
1,632 Entities in Asian Development Bank Sanctions
Entity NameEntity TypeEffective DateStatus

BAYON WATER PUMP CO LTD

CompanyJan 6, 2015active

ECOGRAPH LLC

CompanyOct 28, 2015active

PT Dianpertiwi Multimadya

CompanyApr 22, 2009active

Lanshan Branch of Zhejiang Hydro Power Construction Group Co Ltd

CompanyJun 2, 2023inactive

Costello Foundation SA

CompanySep 23, 2005active

Comercializadora Intercontinental CEC SA

CompanySep 14, 2020active

Hebei Construction Group Tianding Construction and Installation Engineering Co Ltd

CompanyJul 22, 2024active

Diyokes Consultants Limited

CompanyMar 19, 2024active

D A Construction Limited

CompanyJul 9, 2014active

YULIN YUYANG DISTRICT XINGYUAN HYDROPOWER ENGINEERING CO LTD

CompanyMay 10, 2019active

FAQs

Why is compliance with Asian Development Bank Sanctions necessary?

Compliance with sanctions imposed by the Asian Development Bank (ADB) is crucial for several reasons. First, these sanctions aim to promote fairness and integrity in development projects. By adhering to ADB sanctions, organizations help maintain a level playing field, ensuring that all entities operate according to the same standards.

Which companies should comply with Asian Development Bank Sanctions?

Businesses in sectors like finance, construction, and technology must comply with Asian Development Bank (ADB) sanctions. Compliance is crucial as it helps prevent financial dealings with restricted entities. Following these sanctions safeguards your organization from legal risks and promotes ethical practices, ensuring you do not inadvertently support activities that harm regional stability and growth.