Cyber Risk, Credit Losses, and Market Exuberance are all warned against by EU regulators
The European Banking Authority (EBA), the European Securities and Markets Authority (ESMA), and the European Insurance and Occupational Pensions Authority (EIOPA) have released their joint risk assessment report for 2021.
The study observes that the economic recovery has a bright outlook, but that expectations remain unclear and unequal among member states. Rising debt levels, rising asset values, inflation expectations, investor risk-taking, and financial interconnectivity concerns are all highlighted as major threats.
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