explore CAF´s Prohibited Practices Committee

CAF´s Prohibited Practices Committee

CAF, aware of the negative effects that Prohibited Practices have on social and economic development, has created the Committee of Prohibited Practices, which acts as an independent body and is chaired by the Executive Vice President of CAF. The functions of the CPP include: receiving, knowing, analyzing, and resolving complaints related to possible Prohibited Practices in CAF operations (loans, equity investments, technical cooperations, guarantees, warranties, or others), in its dealings with clients, counterparts, entities, and suppliers, or in its daily actions. 


CAF, based on international standards, defined the following activities as Prohibited Practices:

 

Practices

Definitions

Corrupt

Is the offering, giving receiving, or asking, directly or indirectly, anything of value, to influence the actions of another people, entity or company; in order to obtain a benefit for the person or for a third person, entity or company.

Fraudulent

Is any act, including a material omission, that is done with the intention to mislead, with the objective to obtain a financial, other benefit or to avoid an obligation.

Coercive

Is harming or threatening to harm, directly or indirectly, any person, entity or company, or the property of these to influence them to act improperly.

Collusive

Is an arrangement between two or more persons, entities or companies in order to achieve an illegal or improper purpose, or to influence the actions of another to act illegally or improperly.

Obstructive

Is destroying, falsifying, altering or concealing evidence in an investigation, or making false statements to investigators with the intent to harm an investigation; or threatening or intimidating any person to prevent it from disclosing relevant information during an investigation.

Missapropiation

Is the use of CAF financing or resources for an improper or unauthorized purpose, committed either intentionally or negligence.

We request that you provide as much information as possible through supporting documentation to analyze the potential Prohibited Practice.

To submit complaints for possible Prohibited Practices, you should consider the following:

What information should the complaints contain?

  1. Prohibited Practice identified.
  2. Name of the CAF operation or activity related to the Prohibited Practice complaint.
  3. Name of the people or companies involved.
  4. Description of what happened as much detail as possible.
  5. Dates in which the events occurred and the place where they took place.
  6. Names of other people who may have additional information on the facts and contacts.
  7. All other supporting documentation, in case you have them.

 

To learn more about the available channels to file a complaint visit:

CAF´s Complaint Hotline

 

Know our guidelines

 

Whistleblower protection:

The Prohibited Practices Committee ensure the confidentiality of the source and the information provided to them.

Also, consider that you have the option of making anonymous complaints and that retaliatory measures against people who file complaints or those who provide evidence or testimonies are considered a violation of CAF's Ethical Conduct Guidelines.

 

Data protection

The reception, storage, sending to third parties and/or any processing of complaints that contain basic or sensitive personal data will be considered "personal data processing managed by CAF", for which reason they must be carried out under the principles established in the internal regulations of CAF, which are: lawfulness, fairness and transparency, purpose limitation, data minimization, accuracy, storage limitation, integrity and confidentiality.


Likewise, it is worth mentioning that CAF may transmit or communicate information on complaints to third parties with whom CAF maintains a collaboration agreement or service provision relationship, in accordance with internal regulations.

The Risk Management Department, under the function of the Data Protection Officer (DPO), will support those responsible for processing personal data within the complaints process to establish the corresponding protection and processing measures for personal data.

In addition, the DPO at CAF has an email address privacidad@caf.com, where the rights of the interested parties are exercised and if they require more information in this regard, they can consult the Privacy Policy published on the Web page.

By submitting a complaint, I agree that CAF will process my personal data.