How CRD VI wants credit institutions to manage ESG risks

CRD VI empowers competent authorities to require banks to reduce the impact of ESG factors.

CRD VI Directive sets out further requirements regarding credit institutions’ practices for managing ESG risks by adjusting their business strategies, governance framework and risk management.

On July 9, 2024, the new Capital Requirement Directive 2024/1619 of the European Parliament and of the Council of May 31, 2024, amending Directive 2013/36 as regards supervisory

The overarching objective

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