How new guidelines on ESG risks for European banks reduce regulatory complexity

European Banking Authority. Photo: Arthur Weidmann, Flickr
Amid ongoing discussions about alleviating the regulatory burden for firms in the climate and environmental transition, the practical approach to supporting coherence seen in the European Banking Authority’s new Guidelines on the management of ESG risks is an example to follow, writes Agnieszka Smoleńska in this commentary for the Centre for Economic Transformation Expertise (CETEx).