EBA: EU financial regulators warn against risks for EU financial markets, Brexit, asset repricing and cyber-attacks key risks

12 April 2018

The securities, banking and insurance sectors in the European Union face multiple risks, the latest report on risks and vulnerabilities by the Joint Committee of the European Supervisory Authorities (ESAs) shows.

The ESA report for the second half of 2017 outlines the following risks as potential sources of instability:

The ESA report also reiterates their warning to retail investors investing in virtual currencies and raises awareness for risks related to climate change and the transition to a lower-carbon economy.

In light of the ongoing risks and uncertainties, especially those around Brexit, supervisory vigilance and cooperation across all sectors remains key. Therefore, the ESAs advise the following policy actions by European and national competent authorities as well as financial institutions:

Press release

Report


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