The International Finance Corporation (IFC) will require Equity Group #ticker:EQTY to commit to the global financier’s standards touching on environmental, social, and anti-money laundering practices before the institutional investor buys a 4.3 percent stake in the bank.
IFC usually asks companies it is investing in to adhere to its corporate governance policies. Some of the issues are already covered in national and international laws while others are currently voluntary, including environmental sustainability.
