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1 October Marks Effective Date For EP4
1 October, 2020 EP News
1 October 2020
Today, the Equator Principles Association confirms that the latest version of the Equator Principles, EP4, comes into full effect. All EPFIs are now required to implement EP4 on any new Projects (including term sheets or mandates) signed on/after 1 October 2020.
In recognition of global extenuating circumstances, the EPA had granted a 3 month grace period for EPFIs not able to fully implement EP4 from the original effective date of 1 July 2020. The Association continued to encourage any EPFI in a position to implement EP4 prior to 1 October 2020 to do so.
The EPA has recently released a comprehensive suite of Guidance designed to be a practical aid to EPFIs, clients, consultants, technical experts etc to enable them to best implement the requirements of the latest version of the EPs.
In addition, the EPA has also made available translations of EP4 into the most commonly used languages by EPFIs and stakeholders: French, Portuguese, Spanish, Chinese, Korean, and Japanese.
MEDIA CONTACTS:
Primary Contact: Courtenay Smith
Email: secretariat@equator-principles.com
Telephone: +44 7764435921