Settlement agreements are used in a variety of jurisdictions as an alternative to litigation that can offer parties the opportunity to save time and resources while securing a predictable outcome. This chapter will discuss the use of settlements in the World Bank Group’s (“WBG”) sanctions system since the implementation of a formalized settlement framework in 2010. Starting with an overview of the settlement history and process, the chapter will highlight the key aspects of the WBG’s framework, which has improved the efficiency of settlements and turned them, in appropriate cases, into an asset for the WBG’s investigative arm, the Integrity Vice Presidency (“INT”), as well as countervailing considerations that may be at play for the WBG and entities seeking to enter into a settlement. The chapter will also consider settlements in the broader context of INT’s mission to advance the WBG’s core development impact, and how settlements have contributed to safeguarding WBG funds in the projects it finances worldwide. Finally, the chapter will conclude with a comparative analysis on the use of settlement mechanisms by Multilateral and Regional Development Banks.