Equator Principles could be extended to corporate loans
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20 June 2011
The EP Association's summary response outlines actions to be considered by all 72 adopting financial institutions (EPFIs), as part of a wider process to update the principles in the second half of 2011. Actions being considered include extending the scope of the Principles to corporate loans with known use of proceeds - loans tied to a defined specific asset. The Association also plans to consult stakeholders on recommendations to develop a common EP Assurance Standard for auditing EPFIs' internal EP implementation processes and to raise EPFI-specific disclosure, reporting and implementation standards.
Equator Principles strategic review
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