EBA, EIOPA and ESMA warn of risks amid 'fragile economic outlook'

Mark Battersby
clock • 2 min read

The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) have issued their Autumn 2023 Joint Committee Report on risks and vulnerabilities in the EU financial system. In a statement on 18 September, underlining "continued high economic uncertainty", the ESAs warned national supervisors of the financial stability risks stemming from the heightened uncertainty, and called for vigilance from all financial market participants. "Recent years have presented a series of adverse events, i.e., the Russian aggression against Ukraine, the energy crisis, and US mid-sized banks tur...

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