Due Diligence for Responsible Corporate Lending and Securities Underwriting
Who’s behind it? – Council on Foreign Relations (2018)
How can it help? – This paper helps banks and other financial institutions implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in the context of their corporate lending and underwriting activities. Currently no widely recognized standard on responsible business conduct (RBC) exists for these type of transactions, although they represent a significant portion of client services of commercial banks.