Prudential

Relaxing ESG capital rules is no good if data costs skyrocket

By Alexander Dorfmann
BRR fallback image

An interesting sub-plot to the revised Basel III agreement, now pushed until 2025 due to the pandemic, is that rule-makers will have new powers to assess environmental risks as part of regular reviews to ensure banks are following the script on environmental, social and corporate governance (ESG).

The European Commission ...

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