ESG Risk Alert – “‘Panama Papers’ Scandal – Banks’ governance practices need strengthening” – Solaron – April 7, 2016

On April 7, 2016 Solaron Sustainability Services issued an ESG risk alert, highlighting the role banks played in the “inception of offshore tax havens” in Panama.  “Nearly 15,600 shell companies have been registered by hundreds of banks and their subsidiaries to protect the assets of their super-rich clients.” The alert concludes as follows:  ”In the wake […]

“Why haven’t more Latin American countries joined EITI?” – Devex – April 4, 2016

An article published on Devex on April 4, 2016 ponders why more Latin American countries have not joined the Extractive Industries Transparency Initiative (EITI).  According to the article, only four countries from Central and South America — Colombia, Guatemala, Honduras and Peru — and two countries from the Caribbean – the Dominican Republic and Trinidad and Tobago are […]