Draft version of Equator Principles III released for comments

Draft version of Equator Principles III released for comments After much delay, the Equator Principles (EP) Association has released the draft of the updated Equator Principles (EP III) on 13 August 2012 for stakeholder consultation and public comment. The consultation period will continue until Friday 12 October 2012. Some NGOs have noted that once EPIII is in place, the situation will be much the same - an seemingly lofty standard with no external monitoring on its compliance, let alone a mechanism for  grievances and complaints.