BankTrack News
Strengthened OECD guidance on responsible banking
2019-11-20
BankTrack
Banks & OECD. Photo: BankTrack
2019-11-20
BankTrack
The OECD launched new guidance on Due Diligence for Responsible Corporate Lending and Securities Underwriting in October 2019, following a multi-stakeholder process in which BankTrack played a key role. The guidance is a step forward in normative frameworks on responsible conduct for banks, providing important guidance on issues such as when banks are responsible for remedying adverse impacts.