Six Large Chinese Banks Join the Training of Compliance Mechanism in Overseas Environmental and Social Risk Management.


This communication between China-funded banks and MDBs such as WB, IFC, ADB, AIIB, and NGO experts raised the former’s attentions on the importance of establishing compliance, communication and problem-solving mechanisms for a sound environmental and social risk management framework.

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   Introduction On November 21, 2017, “2017 Training on Compliance Mechanism for Financial Institutions in Overseas Environmental and Social Risk Management” was successfully concluded in Beijing. The one-day long training was sponsored by G-Hub, co-organized by the China Banking Regulatory Commission, and was also supported by the Green Finance Committee of China Finance Society. The training attracted a total of 56 guests from a number of Chinese financial institutions including China Development Bank, Export-Import Bank of China, Bank of China, Industrial and Commercial Bank of China, China Construction Bank and Agricultural Bank of China.      Related Links Event Observation Meeting Material      Media Coverage World Bank The Inspection Panel | Panel joins other IAMs in Meetings with Chinese Government, Banking Representatives to Discuss Accountability