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01 September 2025

ESRB publishes EU Non-bank Financial Intermediation Risk Monitor 2025

The European Systemic Risk Board (ESRB) has today published the EU Non-bank Financial Intermediation Risk Monitor 2025 (NBFI Monitor) highlighting key cyclical and structural risks related to non-bank financial intermediation.

Leverage, liquidity mismatches and interconnectedness remain key...

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