EBF Letter to the EC EBA and SSM on ESG Omnibus

Published on 02 May 2025

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Executive summary

In its 1 April 2025 letter to the European Commission, EBA and ECB/SSM, the European Banking Federation calls for a comprehensive review and temporary suspension of ESG-related banking rules to align with the Omnibus simplification. It urges deferral and phased implementation of EBA ESG Guidelines, suspension of GAR reporting, and stronger consistency with CSRD revisions.

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