Human rights based approach to recovery from the global economic and financial crises, with a focus on those living in poverty 2011, para. 83
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The human rights framework obliges States to take measures to ensure that individuals under their jurisdiction are protected from infringements of their rights by third parties, and to take all available legal or policy measures to prevent third parties from violating economic, social and cultural rights. Accordingly, States should take immediate steps to regulate the actions of banking and financial sector entities under their control, in order to prevent them from violating or infringing upon human rights.
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Non-negotiated soft law
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Special Rapporteur on extreme poverty and human rights