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

Jiangxi Tianfeng Construction Group Co Ltd Guixi Branch

CompanyJun 26, 2023active

Jiangxi Tianfeng Construction Group Co Ltd Jinxi County Branch

CompanyJun 26, 2023active

Futura Air Conditioning Distributor Commerce and Services Ltda.

CompanyDec 15, 2023active

China CAMC Engineering Co Ltd

CompanyOct 26, 2021active

Vevakanand Dalip Enterprise

CompanyJan 19, 2018active

SINCAM WATER TECHNOLOGY CO LTD

CompanyAug 18, 2013active

MS Shimul Enterprise

CompanyMay 20, 2015active

LLOYD ELECTRICAL ENGINEERING LIMITED

CompanyApr 20, 2020active

Zhuhai Qintian Construction Engineering Co Ltd

CompanyMay 11, 2023active

Wendeng Branch of Weihai Construction Group Co Ltd

CompanyApr 4, 2022inactive

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.