Provision of “Know Your Customer” (KYC) and other Operational Compliance Support 2019-2022

Item Description:

The European Investment Bank (EIB) is the world’s largest multilateral borrower and lender. We provide finance and expertise for sustainable investment projects that contribute to EU policy objectives. More than 90% of our activity is in Europe. But we also are a big investor around the world.

Consistent with its Statute, the EIB shall conform to Best Banking Practice (“BBP”) and on that basis regulatory and market developments are therefore monitored closely. In lot 1, the EIB wishes to select multiple Providers assisting the EIB TMR/KYC Unit staff in their daily work on KYC Analysis and other preliminary compliance-related checks (such as on integrity and sanctions) for new operations during the period of 2019-2022. In lot 2, the EIB wishes to select multiple providers supporting the Transactions Management and Restructurings Directorate (TMR) in assessing tax issues in projects currently monitored by the Bank.

Lot 1: KYC/Compliance Process

The EIB is looking for external expertise to assist the EIB TMR/KYC Unit staff in their daily work on KYC Analysis and other preliminary compliance-related checks (such as on integrity and sanctions) for new operations during the period of 2019-2022. This period includes also peak years when the regular KYC review for certain EIB counterparts is due for update (on a risk-based approach).

Lot 2: Tax Analysis

In lot 2, the EIB wishes to select multiple providers supporting the Transactions Management and Restructurings Directorate (TMR) in assessing tax issues in projects currently monitored by the Bank.Issues can be related to tax fraud, tax evasion, tax avoidance, harmful tax practices and/or aggressive tax planning practices in the context of the initiatives launched by the European Commission under the EU Anti-Tax Avoidance Package (ATAP) and the approach taken by international standard-setting organisations such as the FATF and OECD Global Forum (“Tax Concerns”).Against this background, TMR/KYC Unit is looking for external expertise to assist the EIB staff in analysing the impact the various tax issues may have to the monitoring of the ongoing projects.

Download all available documents in: [ZIP]