The disruptors: ING’s ‘climate convert’ banker
Ethical Corp. talks to ING head of Sustainability Leon Wijnands about how his team developed the Terra approach, with a ground-breaking methodology he hopes all banks will adopt to steer climate-friendly lending. (Republished here with permission.)
ING Italy to strengthen compliance
ING has been informed by the Banca d’Italia of their report with conclusions regarding shortcomings in AML processes at ING Italy. ING will analyse the findings from an inspection conducted from October 2018 until January 2019 and will discuss them further with the Banca d’Italia. In line with the enhancement programme announced last year, it is taking the necessary steps to improve processes and management of compliance risks as required by the Banca d’Italia.