Read the Final Statement published by the NCP 22 May 2022: Spanish
In December 2004, the Argentinian NCP received a request for review from the trade union Argentine Banking Association (Asociación Bancaria Argentina) alleging that the Argentine subsidiary of the Banca Nazionale del Lavoro (BNL) S.A. had breached the general policies and employment and industrial relations provisions of the Guidelines.
This specific instance has not been followed up as, subsequent to the request for review, 100% of BNL stock was acquired by another multinational bank (HSBC). Since 2004 neither the trade union or the bank has shown any interest in continuing with the specific instance. The NCP concluded its involvement in May 2007.