The  primary  aim  of  this  report  is  to  provide  an  overview  of  the  United  Nations Guiding Principles on Business and Human Rights (“UN Guiding Principles”) and explore their implications for the banking sector...

The report also considers the extent to which “hard” domestic and international legal obligations apply to banks, and whether and when banks or their officers might be held liable in domestic or international courts for impacts on human rights. It explores national regulations requiring companies, including banks, to report on their approach to managing human rights or social impacts. Additionally, the report examines existing soft law and voluntary guidelines relevant to banks, and the possibility that they could harden into binding obligations...