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August 15, 2022

Why financial institutions need to oversee and address their ESG agenda

By Angelika Hellweger

With shareholders and financial authorities becoming increasingly focused on ESG issues, financial institutions must ensure compliance in order to protect themselves.

There is an increasing likelihood in the US, the UK and the EU that financial institutions (FIs) will be exposed to enforcement actions as well as criminal and/or civil liabilities in relation to how they deal with environmental, social and governance-related issues.

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