‘securities or commodities lending’ and ‘securities or commodities borrowing’ mean any transaction in which an institution or its counterparty transfers securities or commodities against appropriate collateral, subject to a commitment that the borrower will return equivalent securities or commodities at some future date or when requested to do so by the transferor, that transaction being securities or commodities lending for the institution transferring the securities or commodities and being securities or commodities borrowing for the institution to which they are transferred.

Installations for the production of asbestos and the manufacture of asbestos-based products

Installations for the production of asbestos and the manufacture of asbestos-based products

You are aware of the great breakthrough already achieved by the Council's common position: the banning of all activities which expose workers to asbestos fibres during the extraction of asbestos or the manufacture and processing of asbestos products, or the manufacture and processing of products containing intentionally added asbestos, with some unavoidable and very limited exceptions.

The asbestos scandal is a blatant example of the cruelty of the capitalist system and it is high time action was taken to ban the extraction, processing and use of asbestos products.

In fact, although occupational exposure to massive levels of white asbestos may pose some risk, as indeed does exposure to any dust at high levels, even the UK's own risk-averse Health and Safety Executive concedes that there is a negligible risk from exposure to products made from white asbestos.