Archive

Banks raise spectre of Omnibus with calls for deep cuts to EU ESG rules

European banking groups have sent a long wish list to the European Commission of ESG-related rules and guidance they want removed or simplified, raising the spectre of deregulation summoned by last year's sustainability Omnibus.

Delay EU climate scenario rules by a year to account for Omnibus, say German banks

Banks active in the EU will find it "practically impossible" to meet the current deadline to fully implement climate scenario analysis requirements by January, the Association of German Banks has told the European Banking Authority (EBA).

German banks, insurers publish data guide for CSRD

Commission to delay review of Green Asset Ratio for banks

The European Commission is to postpone a review of the much-maligned Green Asset Ratio (GAR) reporting indicator for banks, a key figure at the EU's executive arm has said.