Contre l’agenda de dérégulation de la FBF : les banques françaises doivent parler

Reclaim Finance criticizes the Fédération bancaire française (FBF) for seeking to weaken European directives on corporate sustainability due diligence and extra-financial reporting through a proposed 'omnibus' deregulation law. The FBF is accused of attempting to shield banks from legal risks associated with financing companies that violate human rights or environmental standards, while also seeking to eliminate requirements for climate transition plans. Reclaim Finance notes that while the FBF has lobbied European Commission officials, the 320 member banks have remained largely silent, creating a contradiction with their public images as supporters of ambitious climate regulation.

• The Fédération bancaire française (FBF) is lobbying for the 'omnibus' deregulation law to exclude financial services from the scope of the Corporate Sustainability Due Diligence Directive (CSDDD), a position previously supported by the French government.
• The FBF seeks to weaken the Corporate Sustainability Due Diligence Directive by reducing it to a mere 'obligation of diligence'—making companies responsible only for performing checks rather than the final impact—and limiting its application to direct partners rather than the entire 'chain of activities'.
• The FBF is advocating for the removal of the requirement to implement climate transition plans, which Reclaim Finance describes as the only mechanism directly integrating climate issues to ensure compatibility with European goals.
• The FBF is pushing for a 'tailor-made' banking standard for extra-financial reporting that would use fewer indicators and significantly reduce the amount of information collected on the activities of financed companies.
• While the FBF has met with teams from Commissioners Dombrovskis and Albuquerque, most of the 320 represented French banks have remained silent, with only Société Générale appearing to have directly targeted the Commission without publishing its position.

APA

Manickawasagar, A. (2025). Contre l’agenda de dérégulation de la FBF : les banques françaises doivent parler. Reclaim Finance. https://reclaimfinance.org/site/2025/02/24/contre-lagenda-de-deregulation-de-la-fbf-les-banques-francaises-doivent-parler/

Chicago

Manickawasagar, Aatiraï. Contre l’agenda de dérégulation de la FBF : les banques françaises doivent parler. Reclaim Finance, 2025. https://reclaimfinance.org/site/2025/02/24/contre-lagenda-de-deregulation-de-la-fbf-les-banques-francaises-doivent-parler/.

Wikipedia

{{cite press release |last1=Manickawasagar |first1=Aatiraï |title=Contre l’agenda de dérégulation de la FBF : les banques françaises doivent parler |publisher=Reclaim Finance |date=24 February 2025 |url=https://reclaimfinance.org/site/2025/02/24/contre-lagenda-de-deregulation-de-la-fbf-les-banques-francaises-doivent-parler/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{manickawasagar2025contre, author = {Manickawasagar, Aatiraï}, title = {{Contre l’agenda de dérégulation de la FBF : les banques françaises doivent parler}}, publisher = {Reclaim Finance}, year = {2025}, month = feb, url = {https://reclaimfinance.org/site/2025/02/24/contre-lagenda-de-deregulation-de-la-fbf-les-banques-francaises-doivent-parler/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }