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Article

6 Mar 2015

Author:
Juan Pablo Boholslavsky, UN Independent Expert on foreign debt and human rights

UN expert issues new study on “illicit financial flows” and their impacts on human rights

“Illicit financial flows, the social impact of the banking crisis in Iceland, and lending to States involved in gross human rights violations on the agenda of the Human Rights Council” – 9 March 2015

 [Today]…the Independent Expert on foreign debt and human rights, Juan Pablo Boholslavsky, will present a study on "Illicit financial flows, human rights and the post 2015 development agenda of the United Nations", a thematic report on "Financial Complicity: lending to States involved in gross human rights violations" and a report on his fact-finding mission to Iceland to the 28th session of the Human Rights Council in Geneva.    In the context of the renewed international attention on the financial and social crisis in Greece, Mr. Boholslavsky's  report on his visit to Iceland is of wider interest, showing how the Nordic country dealt with the 2008 banking collapse in an overwhelmingly human rights compliant manner, while pointing at certain gaps that should be addressed.  The interactive dialogue of the Independent Expert at the Human Rights Council with representatives of States and non-governmental organizations on the above reports is scheduled on 9 March 2015 from 9-12 AM, Geneva time (CET),  and can be viewed on the webcast of the Human Rights Council. Information about accreditation for NGOs and National Human Rights Institutions is accessible here