Sector Regulation Sector Regulation

BlackRock's EU green-finance contract failed to consider conflicts, bloc's ombudsman says

By Jack Schickler
  • 25 Nov 2020 04:12
  • 25 Nov 2020 04:12
BlackRock’s potential conflicts of interest should have been considered before handing it a European Commission contract to study green-finance practice, the EU Ombudsman Emily O’Reilly has said. 

The EU's executive arm should have thought twice before asking the investment giant to examine how the bloc’s banking laws could better take account of climate

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