The Equator Principles Association has given its full support to the latest update of the Principles, released on 18 November 2019.
The Association gives its sincere thanks for all stakeholder and expert input during the scoping of the review, feedback on the draft and finalisation, an intensive two-year process with hundreds of contributors. A document detailing how the EP Association has responded to all recommendations is available here.
A press release on the event of the launch is available on the EP Association news page: https://equator-principles.com/category/ep-association-news/
Due to the unprecedented circumstances caused by the global Covid-19 pandemic, the EP Association has granted an extension to allow EPFIs a 3-month grace period on the transition. All EPFIs must implement EP4 by 1 October 2020. The Association continues to work to develop guidance and will make this available to EPFIs and wider stakeholders at the earliest opportunity.