EU tweaks set to temper Basel III capital hike by a third
Changes to required capital for credit risk expected to be main driver behind average reduction
Source: risk.net
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Greenwashing risk will be severe for at least three years
IOSCO secretary general Martin Moloney stresses the urgent need to improve issuer information to mitigate the risk of greenwashing
Source: iflr.com
European banks canceling fossil fuel companies over ESG liabilities
European banks are beginning to drop clients that pose a climate risk rather than face the possibility of higher capital requirements, according to the watchdog overseeing the development.
Source: worldoil.com