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.

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1,632 Entities in Asian Development Bank Sanctions
Entity NameEntity TypeEffective DateStatus

Islam Md Zahidul

IndividualApr 2, 2009active

JERIN KLEMEN

IndividualNov 23, 2020active

Olcina, Javier Feliu

IndividualApr 18, 2022active

PRABAWA Romulus

IndividualJun 26, 2019active

OROZCO SEALTIEL

IndividualSep 30, 2011active

Fernando Bladimir Pineda

IndividualJan 12, 2023active

Hossain Md Billal

IndividualJun 17, 2019active

Prayitno Gunawan

IndividualOct 27, 2010active

Charles Canes

IndividualJan 6, 2020active

DUNG, Doan Anh

IndividualFeb 17, 2021active

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.