Since it began operations in 2016, the Asian Infrastructure Investment Bank (AIIB) has grown to 103 members from all continents and committed over US$11 billion in financing to over 100 projects in member countries, with a focus on energy, financial institutions, and transportation projects in Asia.
In that time, AIIB's sanctions system has similarly developed, though it has received relatively little attention. AIIB recently announced its first debarments and expects that, as it continues to grow, its sanctions system will assume an increasingly important role. AIIB's emergence as a player in the global fight against fraud and corruption makes understanding its procedures and priorities critical.
Read More: The rise of new MDB enforcement unit
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