Reforms, still moving at a tortoise pace, according to the assessment of former Finance Minister Alexey Kudrin, are underway.

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Going forward the bank should actually apply the Equator Principles, a voluntary credit risk management framework with a set of guidelines for environmental and social risk assessment in sustainable project finance activities.

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After an audit identifies energy- and water-saving opportunities, property owners wishing to pursue PACE financing enter into an assessment contract with CSCDA to finance the project.

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Despite the respect some Japanese may have of U.S. risk assessment methods, when it comes to finance we proved ourselves no better.

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Conservative Finance Spokesperson Paul Davies also called on the government to conduct a sustainability impact on the assessment of the draft budget.

BBC: Finance questions

Reid's health care bill, which will be given a cost assessment by the nonpartisan Congressional Budget Office, also includes a provision from the Finance Committee bill allowing for the creation of nonprofit health care cooperatives that would negotiate collective insurance coverage for members.

CNN: STORY HIGHLIGHTS

Probably of more significance in this report is the criticism of the FSA itself, helped to a robust assessment of its role by two independent reviewers of the review - an eminent banker and an eminent finance lawyer, appointed last May.

BBC: Abdication at the Royal Bank