Relaxing ESG capital rules is no good if data costs skyrocket
By Alexander DorfmannFebruary 23, 2022
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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