Central American Bank for Economic Integration (CABEI)

CENTRAL AMERICAN BANK FOR ECONOMIC INTEGRATION (CABEI)

CABEI promotes sustainable development in the Central American region. CABEI’s membership comprises: the partners or founding countries (Guatemala, El Salvador, Honduras, Nicaragua, and Costa Rica); non-founding countries (Panama, Dominican Republic, and Belize); and extra-regional countries (Mexico, Republic of China (Taiwan), Argentina, Colombia, Spain, and Cuba).

CABEI AND THE LIMA COMMITMENT

CABEI’s corruption-prevention activities are geared toward identifying, evaluating, and mitigating risks to integrity in policies associated with its institutional mandate as a loan-generating entity. To that end, CABEI strengthened its internal regulatory framework, prioritizing the updating of its internal policies and systems, with a view to adopting prevention and control mechanisms aimed at strengthening integrity in institutional activities, thus providing greater support for compliance with rules of conduct.
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Institutional Regulatory Framework

CABEI has a “Policy to Combat Fraud, Corruption, and Other Prohibited Practices” which sets forth the bases and principles of corporate governance in the area of institutional integrity. This regulatory framework includes: a code of ethics, a policy for defending and promoting integrity and ethics, a policy for conflicts of interest management, and a whistleblower channel with its own regulations.

Internal & External Training Workshops

A fundamental aspect of CABEI’s institutional activities has been the internal and external training program to provide specialized education in integrity, risk management, and anti-corruption norms and indicators, as well as the promotion of a culture of “zero tolerance” for fraud, corruption, and other prohibited practices among all who work for and with CABEI.

Fighting fraud in bidding processes

Fighting fraud and corruption in procurement and bidding processes: this component has been included in the training conducted for project implementing units and government entities in Central American countries, and has relied on the experience of the OAS Inter-American Network on Government Procurement (INGP) to strengthen institutional capacities in the area of tender management.

CABEI's COOPERATION OFFERS

MANDATES 3 and 4

Awareness and civic education promotion campaigns

  • Education campaign with United Nations Office on Drug and Crime (UNODC) in the area of prohibited practices and other crimes by radio and television in Central America.
  • Mechanisms to disseminate a culture of integrity in schools.

MANDATE 7

Economic autonomy of women

  • Financial intermediation program “Regional Financing Program for Women Entrepreneurs (FEM),” which promotes economic empowerment and autonomy of women.
  • Participation in the OAS Latin American Task Force on Women’s Leadership, through the Inter-American Commission of Women (CIM), to share experiences in leadership initiatives and empowerment concerning new products or projects focused on gender equity.

MANDATE 11

Identification of integrity risks

  • Workshop on risk management of integrity gaps for public sector implementing units in CABEI projects. Provide consultancy services to prepare a code of conduct or code of ethics framework as a model for CABEI’s implementing units and to come up with mechanisms for promoting and implementing them or for synergies with other actors.

MANDATE 12

Private sector involvement in public policies to prevent and combat corruption

  • Along with other JSWG entities, develop programs for training and promotion of integrity in conjunction with the private sector.

MANDATE 27

Capacity-building to promote transparency

  • Workshop on procurement systems for members of top national leadership and implementing units, delivered by CABEI’s Procurements Unit.

CABEI AND THE JSWG: UNITED AGAINST CORRUPTION

With the September 2018 signing of the Memorandum of Understanding between the Joint Summit Working Group (JSWG) organizations, a framework is being promoted for the Parties to cooperate, through the JSWG, to strengthen coordination to support implementation and follow-up of Summits of the Americas mandates.