On Tuesday 15 September, the European Ombudsman, Emily O'Reilly, published her inspection report on the European Commission's award of a contract to US asset manager BlackRock to carry out a study on the integration of environmental and social factors in the supervision of banks (see EUROPE B12469A30).
The document sets out the Commission's responses on how it assessed the potential conflicts of interest in this case.
In particular, the European institution explains that its evaluation...