The UN Draft Treaty on Arms Control, our government's arms sales to the Middle East and other news.
Email or write to the manager of your pension fund asking him not to fund the arms trade + some useful links
Making sure our money isn't used to fund the arms trade by banks, investment and pension fund managers. Information, advice and links on this subject.
There are links in other sections but this brings together the most important in a general list, including major weapons manufacturers' sites
The upcoming London Arms Fair- Demos, protests, lectures, meetings
Philip Hampton has a degree from Lincoln College, Oxford. He spent 9 years with investment bank Lazards. He was in the news recently when he and his fellow directors of RBS threatened to resign en masse if they were not allowed by the government to award the bonuses they wanted. He has had close links with government, responsible for the 2004 Hampton report on banking regulation and chairman of UK financial investments Ltd, set up to manage the government's (i.e. our) shareholdings in banks.
Interesting that someone who advised on regulation before the great bank disaster was appointed to protect our interests after it - and then returned to champion investment bankers' rights to huge bonuses
Winifred Bischoff was born in Germany, moved to South Africa with his parents in his teens and graduated from the University of Witwatersrand. He spent many years with investment bank Schroders. He has British and German nationality. He is a globetrotting city grandee.
Sir David Walker is an establishment city 'grandee' with a reputation as a safe pair of hands in a crisis. He has had many top jobs in government and banking. He has a double first in economics from Cambridge University.
Barclays statement on the defence sector
The Barclays group provides financial services to the defence sector within a specific policy framework. Fie assess each proposal on a case-by-case basis and legal compliance alone does not automatically guarantee our support. The status of the exporter and the importing/exporting country, the nature of the equipment, its likely use and the potential for it to be on-sold are all considered as part of the assessment process. The aim is to ensure that defence exports financed by barclays are not used by foreign authorities either to oppress their own populations or to support unjustified external aggression. Fie participate only in transactions which conform, as a minimum, to the stronger of regulations in either the country of operation or the uk. It is our policy not to finance trade in nuclear, chemical, biological or other weapons of mass destruction. Our policy also explicitly prohibits financing trade in landmines, cluster bombs or any equipment designed to be used as an instrument of torture.
Public policy and sustainability
RBS statement on the defence sector
RBS Group acts in accordance with the strict regulation and licensing arrangements set by the UK government, and by relevant international standards, when engaging with companies involved in the design, manufacture, support and trade of defence equipment. When considering complex and evolving defence-related matters, such as landmines and cluster munitions, we adhere to policy guidance from the UK government and the appropriate international legal standards. In relation to landmines, the Ottawa Convention bans the production and export of all types of anti-personnel landmines, including non-detectable ones, to all countries. In relation to cluster munitions, the Convention on Cluster Munitions requires each signatory State to ban the production, use and stockpiling of cluster munitions. RBS will not knowingly support any application for funding or financial services that would directly contravene these standards and will seek to ensure that our client relationships are not in breach of these principles.