{"id":77596,"date":"2026-04-21T11:28:18","date_gmt":"2026-04-21T09:28:18","guid":{"rendered":"https:\/\/bcsdh.hu\/?p=77596"},"modified":"2026-04-21T11:28:18","modified_gmt":"2026-04-21T09:28:18","slug":"environmental-social-and-governance-factors-must-also-be-considered-in-banks-corporate-governance-and-risk-management-systems","status":"publish","type":"post","link":"https:\/\/bcsdh.hu\/en\/member-news\/environmental-social-and-governance-factors-must-also-be-considered-in-banks-corporate-governance-and-risk-management-systems\/","title":{"rendered":"Environmental, social and governance factors must also be considered in banks\u2019 corporate governance and risk management systems"},"content":{"rendered":"

The Magyar Nemzeti Bank (MNB) has renewed its green banking recommendation, incorporating the European Banking Authority\u2019s guidelines on the management of ESG risks, while retaining several domestic expectations that go beyond EU requirements. The new recommendation applies to domestic credit institutions, including third-country credit institution branches and licensed investment service providers. As for its entry into force, it will be implemented in two phases: from 1 July 2026, large and complex institutions will fall under its scope, while from 1 January 2027, the supervisory expectations set out in the green banking recommendation will also enter into force for the other market participants covered by recommendation.<\/p>\n

The document in Hungarian can be found here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Magyar Nemzeti Bank (MNB) has renewed its green banking recommendation, incorporating the European Banking Authority\u2019s guidelines on the management of ESG risks, while retaining several domestic expectations that go […]<\/p>\n","protected":false},"author":10,"featured_media":38742,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54],"tags":[],"class_list":["post-77596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-member-news"],"yoast_head":"\nEnvironmental, social and governance factors must also be considered in banks\u2019 corporate governance and risk management systems - BCSDH<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bcsdh.hu\/en\/member-news\/environmental-social-and-governance-factors-must-also-be-considered-in-banks-corporate-governance-and-risk-management-systems\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Environmental, social and governance factors must also be considered in banks\u2019 corporate governance and risk management systems - 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