Advice on the United Nations Principles for Responsible Banking

Project description

We were engaged to advise a multinational banking group on the United Nations Principles for Responsible Banking (UNPRB) from a legal, risk and compliance basis.

Scope of work

We provided the client with written and verbal advice across the following areas: 

• What the UNPRB are and what they require of organisations that sign up to them;
• What key steps the client needs to take if it were to commit to becoming a signatory;
• Key practical considerations in implementing the UNPRB; and
• Options for how the client could implement the UNPRB in practice.

What makes this project unique

Our advice provided the client with both a sound understanding of the key requirements under the UNPRB but also practical insights into what being a signatory requires on both a point in time and ongoing basis. To assist the client in deciding whether to become a signatory we set out a range of considerations, set out options for how the client could implement the UNPRB in a structured and phased manner and provided case study examples of how selected signatories considered to be “peer” banks had implemented the UNPRB.

Meet the team

This project was led from our London office