Recommendation No 9/2024 (IX.24.) of the Magyar Nemzeti Bank on the use of a minimum set of questions to assess environmental, social and governance information in the underwriting, measurement, management and control of credit risk
The purpose of the Recommendation is to set out the expectations of the Magyar Nemzeti Bank regarding the minimum set of questions to be used in the assessment of environmental, social and governance (hereinafter: ESG) information in the underwriting, measurement, management and control of credit risk, thereby increasing the predictability of the application of the law and promoting the uniform application of the relevant legislation.