The Right to Bank: A Proposal for Introducing a New Human Right under International Law
Title: The Right to Bank
Subtitle: A Proposal for Introducing a New Human Right under International Law
Subject Classification: Economics and Finance, Law and Legal Ethics, Sustainability
BIC Classification: KFFK, LNPF, LBBR
BISAC Classification: BUS004000, LAW007000, POL035010
Binding: Hardback, pp.(to be confirmed)
Planned Publication date: March 2024
ISBN (printed book): 978-1-80441-236-7
ISBN (web pdf): 978-1-80441-237-4
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The call for establishing a right to bank holds valid premises, yet this right has never been contemplated before. The book argues that introducing a right to bank under international law can offer a new route to ensure that the banking sector acts as a force for good like ethical banks currently do.
The right to bank aims to address the fundamental issues that customers can experience while dealing with banks, introducing the paradigm: “get access; be respected; trust the system”. The right to bank is a right for everyone: in the transition from a financial crisis to a climate crisis, it empowers individuals to play an active role in the financial system through ethical and sustainable decision-making. It also stimulates financial institutions and governments to reflect about the fundamental role they play and to act wisely in furthering the ecological transition.
The book therefore presents a proposal for establishing a right to bank, explaining the issues that this right aims to address, the benefits linked to its adoption, and the intended change it can trigger. This innovative work will be valuable for lawmakers, banking and finance professionals and researchers, governments and NGOs, including UN bodies.
Author: Clara Barbiani is an international legal professional specialized in financial law and regulation. Chartered Member of CISI, her career in London focused on enhancing compliance governance as framework to bring ethics in finance. She graduated in International Law (The Hague University) with a specialization in International Financial Law (University of Hong Kong). She holds a LLM in Banking & Finance (Queen Mary, University of London) and a PhD in Law & Business (LUISS). She lectured climate change financing and sustainable finance to diplomats and professionals of Executive LLM programs.
This title is currently being reviewed. Please check back for further updates in due course.