Why to integrate sustainability criteria in financial regulation?
This report proposes to use financial regulation for incentivising banks so that they integrate sustainability criteria in their risk assessment and decision making processes. It argues that integrating sustainability criteria in financial regulation will contribute to fulfilling all objectives of the different areas of financial regulation: prudential regulation, conduct of business regulation and systemic regulation. To integrate sustainable criteria in financial regulation a number of concrete proposals are offered in the fields of capital requirements, credit rating agencies, financial supervision, banking licenses, approved person regulations, and remuneration and bonus systems.
Partners
-
Bank Track
-
Friends of the Earth
Publication
Related news
-
Dividend tax loophole costs the Netherlands over 2.2 billion euros per yearPosted in category:Long read
Boris SchellekensPublished on: -
The growing influence of US asset managers in the NetherlandsPosted in category:News
Rodrigo FernandezPublished on: -
Economic sanctions now: the EU is Israel’s largest investorPosted in category:Long read
Jasper van TeeffelenPublished on: