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You are in Direct - Inclusive Finance » PIIF Principle 5: Transparency
Possible action:
Fully disclose policies, criteria and related conditions of products and services to investees and other relevant stakeholders.
We have a website that explains our mission and investment objectives publicly: http://www.actiam.nl/en/impact-investing/. In addition, for each fund we formulate more detailed investment objectives which are included in the relevant Investment Memorandum of the funds.
The following website highlights the 39 IRIS indicators that are included in our non-financial scorecard: https://iris.thegiin.org/users/profile/actiam-impact-investing/
Ensure that investees adequately disclose the pricing, terms and conditions of financial products and services offered, and that the pricing, terms and conditions are understood by clients.
This topic is included in the due diligence (non-financial scorecard) process and the loan agreement also includes a specific clause on transparency: "MFIs should in order to provide full transparency adopt policies and procedures to disclose to its clients the total cost (including all fees, commissions, insurance premiums and other costs)".
This topic is included in the due diligence (non-financial scorecard) process and the loan agreement also includes a specific clause on transparency: "MFIs should in order to provide full transparency adopt policies and procedures to disclose to its clients the total cost (including all fees, commissions, insurance premiums and other costs)."