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CRD6
DIRECTIVE (EU) 2024/1619 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 31 May 2024 amending Directive 2013/36/EU as regards supervisory powers, sanctions, third-country branches, and environmental, social and governance risks (Text with EEA relevance) · European Union

‘9. The review and evaluation performed by competent authorities shall include the assessment of institutions’ governance and risk management processes for dealing with ESG risks, as well as of the institutions’ exposures to ESG risks. In determining the adequacy of institutions’ processes and exposures, competent authorities shall take into account the business models of those institutions. Institutions’ exposures to ESG risks shall be assessed also on the basis of institutions’ plans to be prepared in accordance with Article 76(2). Institutions’ governance and risk management processes with regard to ESG risks shall be brought into line with the objectives set out in those plans. The review and evaluation performed by competent authorities shall include the assessment of the institutions’ plans to be prepared in accordance with Article 76(2), as well as of the progress made towards addressing the ESG risks arising from the process of adjustment towards climate neutrality and towards other relevant Union regulatory objectives in relation to ESG factors.

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Source: EUR-Lex CELLAR · retrieved 2026-09-04