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There are concerns that regulatory burdens could lead to a less diverse banking environment

The European Association of Co-operative Banks (EACB) has called on the European Commission to facilitate the role of the sector in sustainable finance by setting favourable regulatory frameworks.

In a meeting hosted by MEP Sirpa Pietikäinen at the European Parliament, the EACB presented its latest policy paper, which includes suggestions on possible regulatory and supervisory changes and incentives.

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Co-operative News - Global Hub

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