EUROPEAN UNION: EU Supervisory Authorities Update on Risks in EU Financial System

Monday September 22 2014

The Joint Committee of the European Supervisory Authorities (ESAs) has published its bi-annual report on risks and vulnerabilities in the European Union`s (EU) financial system. The report identifies a number of risks to financial stability in the EU, including prolonged weak economic growth in an environment characterised by high indebtedness, intensified search for yield in a protracted low interest rate environment, and uncertainties in global emerging market economies. The report also highlights risks related to conduct of business and Information Technologies (IT).

Click here for Joint Committee Report

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