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Bank behavior comes under scrutiny in first economic and social rights individual complaint before UN body

November 6, 2015 18:25 , by RIPESS - Réseau intercontinental de promotion de l'économie sociale et solidaire - 0no comments yet | No one following this article yet.
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The Committee on Economic Social and Cultural Rights (“the Committee”), deciding on the first case filed before it using a novel individual complaint mechanism, took the opportunity to address the behavior of a private bank. The body mandated Spain to reform aspects of its legislation that allowed banking entities to get away with abuses in mortgage proceedings thus violating the right to housing consecrated by the International Covenant on Economic, Social and Cultural Rights (ICESCR).

In 2008, States adopted an Optional Protocol to the International Covenant on Economic, Social and Cultural Rights which, among other things, created a remedy allowing individuals to bring a complain before the respective Treaty –monitoring body (the Committee on Economic Social and Cultural Rights).

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Source: http://www.ripess.org/bank-behavior-comes-under-scrutiny-in-first-economic-and-social-rights-individual-complaint-before-un-body/

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