Anti-Corruption Certification

To get certified

Glossary of terms used on this site

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Term Definition
Debarment

The state of being excluded from enjoying certain possessions, rights, privileges, or practices and the act of prevention by legal means. For example, companies can be debarred from contracts due to allegations of fraud, mismanagement, and similar improprieties. Firms, individuals, and non-governmental organizations can be debarred. In cross-debarment, organizations and agencies agree to mutually exclude others based on debarment by affiliates i.e. being debarred from World Bank calls for tender means you are also debarred from all other development bank calls for tender

Deferred prosecution agreement (DPA)

The agreement allows a prosecution to be suspended for a defined period provided the organization meets certain specified conditions. DPAs can be used for fraud, bribery and other economic crime

Direct corruption

The act of giving or promising a bribe in return for an undue advantage (cf. indirect corruption)

Disclosure

The act of releasing all relevant information i.e. information related to corrupt activities to an enforcement authority

Dodd Frank Act

The Dodd–Frank Wall Street Reform and Consumer Protection Act was signed into United States federal law on July 21, 2010. Passed as a response to the financial crisis of 2007–2008, it brought the most significant changes to financial regulation in the United States since the regulatory reform that followed the Great Depression. The Act strengthens whistleblower rights

Due diligence

A comprehensive appraisal of a business or individual undertaken to evaluate potential risks