CABEI reinforces its commitment and principles of transparency


Tegucigalpa, August 13th, 2022. - The Central American Bank for Economic Integration (CABEI) has made great strides in terms of transparency and access to information through the application and strict compliance with its Information Access Policy as well as all international norms and standards of the ML-TF/PWMDF Risk Management System, Integrity and Sanctions and its Anti-Fraud, Anti-Corruption and Other Prohibited Practices Policy.

"CABEI promotes policies that contribute to the economic growth, poverty reduction and sustainable development of our region for the well-being of all its citizens. We are increasingly committed to this purpose, reinforcing transparency in the management and execution of our operations," said CABEI's Executive President, Dr. Dante Mossi.

One of the points that CABEI has been strengthening is institutional governance and accountability, taking preventive measures against fraud, corruption and other prohibited practices. In this regard, CABEI has reinforced the mechanisms and agencies that continuously review and evaluate all established processes and standards, in order to ensure that the use of its resources or those of third parties it administers are used for the purposes for which they were intended.

CABEI is also committed to combating financial crime and protecting the integrity of the global financial system, guaranteeing that its operations comply with international regulations on applicable sanctions, according to their nature.

In addition, CABEI has implemented since 2021 an Information Access Policy that allows natural or legal persons to request and know information of interest on CABEI-financed projects, which has generated greater openness and transparency in all its operations.

CABEI continues to promote the use of its available means for reporting prohibited practices, environmental or social issues associated with its initiatives, and matters related to the Bank's ethics and standards of conduct, among others. A noteworthy fact is that at the end of 2021, the institution attended to the 38 reports or complaints received, in accordance with the current regulations applicable to each case.