Lexis Practice Advisor, September 2016
In the US, land owners are liable for environmental impacts in relation to contaminated land. This Lexis Practice Advisor practice note explains what due diligence should be carried out in relation to the purchase of land/buildings to assess the environmental risk. Environmental due diligence advances SDG 3.9 to substantially reduce the number of deaths and illnesses from hazardous chemicals and air, water and soil pollution and contamination, and generally supports SDG 11 Sustainable cities and SDG 15 Life on land.
Hong Kong's securities regulator reported a spike in the number of instances where the city's financial firms are failing to comply with its anti-money laundering guidelines. It has long been known that money laundering can have significant negative impact on economic growth. Enforcement of regulations to eradicate money laundering contributes to advancing SDG 16.4 by 2030 to significantly reduce illicit financial and arms flows, strengthen the recovery and return of stolen assets and combat all forms of organized crime.
For the rule of law to be effective, there must be equality under the law, transparency of law, an independent judiciary and access to legal remedy. Yet about 57% of the world's population lives outside the shelter of the law. This presentation and training video demonstrates how advancement of the rule of law benefits economic prosperity and advancement of society and what role businesses and lawyers can play to advance SDG 16.3 to promote the rule of law at the national and international levels and ensure equal access to justice for all.
24 May 2016
LexisNexis Legal & Professional has created a rule of law impact tracker using a range of data sets. The rule of law impact tracker is an interactive tool which quantifies the relationship between the rule of law and social and economic development. The rule of law plays a vital part in underpinning all of the SDGs and in particular the targets of SDG 16 to promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels.
The 2016 report by the Hong Kong Association of Banks (HKAB) into trade-based money laundering ups the momentum to improve anti-money laundering and counter terrorist financing. Such actions will contribute to the advancement of SDG 16.4 to significantly reduce illicit financial and arms flows, strengthen the recovery and return of stolen assets and combat all forms of organized crime.
Linking Goal 10 and Goal 16, this report highlights the linkages between human rights and anti-corruption compliance and how companies can benefit from integrating these considerations in their compliance programs.
Agricultural Law and Economics in Sub-Saharan Africa: Cases and Comments, Chapter 5, 2016, Pages 141–184
This chapter examines contracting between literate and illiterate parties in sub-Saharan Africa in a market-led development approach. It supports goal 16 (peace, justice and strong institutions) and goal 10 (reduced inequalities).
A responsible supply chain, and eliminating corruption in the supply chain, are important elements of goals 10 and 16. This report, updated in 2016, outlines common supply chain corruption scenarios and provides a framework and set of tools for addressing them.