Europe’s banking regulator calls for supervisory review processes to be “enhanced” with ESG
EBA questions whether current supervisory processes capture longer-term ESG risks in new discussion paper
The European Banking Authority (EBA) has recommended that existing supervisory review processes be enhanced with “ESG factors”, and “more importantly” that a “new area of supervisory analysis and evaluation” be introduced, which looks at “the long-term resilience” of financial in…
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