Paper on the Implications of UN Guiding Principles 13b and 17 in a Corporate and Investment Banking Context
A Discussion Paper for Banks on Priciples 16 - 24 of the UN Guiding Principles on Business and Human Rights
The undersigned banks have contributed to this discussion paper in order to gain a better understanding of the "Guiding Principles for the implementation of the United Nations 'Protect, Respect and Remedy' Framework" and of ways they can be applied in the banking business. The discussion paper focuses on Guiding Principles 16 - 21 and suggests an approach to risk assessment through a tailored due dilligence, which may be undertaken in the core business activities of universal banks.
Statement by the Thun Group of Banks "The Guiding Principles: an interpretation for banks" A Discussion Paper for banks on Principles 16 - 21 of the UN Guiding Principles on Business and Human Right (PDF, 79 KB)