Person:
Hauch, Jeanne Marie

Financial Market Integrity unit, Finance, Competitiveness, and Innovation Global Practice
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Fields of Specialization
Anti-corruption, Anti-money laundering and counting the financing of terrorism, Mutal legal assistance
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ORCID
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Millennium Challenge Corporation
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Financial Market Integrity unit, Finance, Competitiveness, and Innovation Global Practice
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Last updated: January 31, 2023
Biography
Jeanne M. Hauch est le directeur juridique de la société Millennium Challenge, une agence gouvernementale américaine d’aide au développement international. De 2009 à 2017, elle a travaillé à la Banque Mondiale en se concentrant sur la lutte contre la corruption et le blanchiment d’argent, particulièrement avec les unités « Intégrité des marchés financiers » et « Recouvrement des avoirs volés ». Elle a également été conseillère auprès du Fonds Monétaire International et est membre de l’Université George Washington. Avant de rejoindre la Banque Mondiale, elle était procureure fédérale, spécialisée dans les questions internationales. Elle a suivi ses études à la faculté de droit de l’Université de Yale et à la faculté Woodrow Wilson de l’Université de Princeton. Elle a également été boursière fulbright en France et fut adjointe judiciaire à la Cour Suprême des Etats-Unis.

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    License to Drill: A Manual on Integrity Due Diligence for Licensing in Extractive Sectors
    (Washington, DC: World Bank, 2018-06-22) Votava, Cari L.; Hauch, Jeanne M.; Clementucci, Francesco
    Natural resources have the transformational potential to support economic and political stability as well as contribute to national prosperity and economic development. However, in countries dependent upon natural resource sectors, poor management of these sectors often contributes to corruption, illicit financial flows (IFFs) and thus, poverty. Adequate transparency and accountability in regulatory management of these sectors is a challenge for resource rich countries. Poor licensing decisions in natural resource management can open a pandora’s box of corruption risks. This manual provides methods and options based on good practices to improve transparency, accountability, and integrity in the regulatory licensing process and integrity due diligence. The manual borrows models from the Basel Core Principle ‘fit and proper’ concept, and provides options for conducting effective (a) beneficial ownership; (b) criminal/legal; and (c) conflicts of interest checks, with a goal of integrating these into the regulatory licensing process. The manual also identifies common legal framework defects that can facilitate corruption risks, and offers options based on principles of regulatory integrity to reduce these risks. The good practices identified can help countries allocate limited financial resources in conducting thorough background checks in a cost-effective manner, as well as meet EITI’s requirements for public disclosure of beneficial owners and politically exposed persons. These strategies for reducing opportunities for corruption in extractive sectors can help reduce IFFs that can sap resources from the economy and inhibit a country’s ability to achieve the Sustainable Development Goals.
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    Public Wrongs, Private Actions : Civil Lawsuits to Recover Stolen Assets
    (Washington, DC: World Bank, 2015) Brun, Jean Pierre; Dubois, Pascale Helene; van der Does de Willebois, Emile; Hauch, Jeanne; Jaïs, Sarah; Mekki, Yannis; Sotiropoulou, Anastasia; Sylvester, Katherine Rose; Uttamchandani, Mahesh
    Corruption and thefts of public assets harm a diffuse set of victims, weakens confidence in public institutions, damages the private investment climate, and threatens the foundations of the society as a whole. In developing countries with scarce public resources, the cost of corruption is an impediment to development: developing countries lose between US$20 to US$40 billion each year through bribery, misappropriation of funds, and other corrupt practices. Corruption is by no means a "victimless crime." This study aims to explore the standing of States and Government entities as victims and the possible recourse to private actions to redress public wrongs. States and Government entities may act as private litigants and bring civil suits to recover assets lost to corruption. The goal of this work is to promote knowledge and understanding as well as to increase the use of civil remedies and private lawsuits to recover stolen assets in the context of the United Nations Convention against Corruption (UNCAC) offences. The UNCAC, the global standard for the fight against corruption, does not contain a legal definition of corruption itself but lists an array of offences, including public and private sector bribery and the embezzlement of public and private sector funds. The study will mainly focus on these two types of corruption, namely bribery and embezzlement of funds. This study is not intended in any way to minimize the importance of criminal proceedings and confiscation in addressing acts of corruption. Rather, it will show that civil law remedies can effectively complement criminal penalties by attacking the economic base of corrupt activities both in the public and the private sectors. In fact, given the magnitude of the challenges, all avenues of asset recovery, be they criminal or civil, should be explored simultaneously in order to tackle corruption from each and every angle and achieve the goals of deterrence and enforcement. Hence, while criminal law expresses society's disapproval of the corrupt acts and aims at dissuasion, punishment, and confiscation of illicit proceeds, civil law focuses on victims' interests and aims at compensation and restitution. These procedures may occur sometimes in parallel, sometimes sequentially. An effective response to corruption very often requires concomitant use of both criminal and civil law remedies to achieve the desired result.