On the 18th July 2011 the EP Association announced the Commencement of the EP III Update Process:
Following the conclusion of the IFC Performance Standards Update and Review process, the Equator Principles (EP) Strategic Review process, the EP Association has initiated internal discussions on key thematic areas including:
- Scope of the EPs.
- Reporting and transparency.
- Governance issues, including membership criteria.
- Stakeholder engagement during the EP III Update process (including industry and clients, peer financial institutions, and civil society organisations).
The target date for the finalisation and launch of the EP III framework is March 2012.