Response to discussion Paper on management and supervision of ESG risks for credit institutions and investment firms (EBA/DP/2020/03)

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18. Please provide your views on the proposed ways how to integrate ESG risks into the internal governance of institutions.

Does the recommendation to allocate responsibility related to ESG risks to a member of the management body translate to the appointment of a member on the management body to be solely responsible for ESG-related risks or can the recommendation be satisfied within the general management and/or supervsiory function of the management body? If the former, is the expectation to appoint a member of the Board of Directors or would the appointment of a member in the Management Committee or other executive body be sufficient?

Name of the organization

OTP Bank