Press Release: EU Supervisory Authorities update on risks in EU financial system

The Joint Committee of the European Supervisory Authorities (ESAs) published on the 22 September 2014 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).

• Primary Source

EBA: About Us: Organisation: The Joint Committee http://www.eba.europa.eu/about-us/organisation/joint-committee

ESO: Background information: European Supervisory Authorities highlight cross-sectoral risks http://www.europeansources.info/record/press-release-european-supervisory-authorities-highlight-cross-sectoral-risks/

EIOPA: Press Release, 22.09.14: EU Supervisory Authorities update on risks in EU financial system https://eiopa.europa.eu/fileadmin/tx_dam/files/pressreleases/2014-09-22__Joint_risk_report_EBA_EIOPA_ESMA.pdf

EIOPA: Joint Committee https://eiopa.europa.eu/joint-committee/index.html

ESMA: Press Release, 22.09.14: EU Supervisory Authorities update on risks in EU financial system http://www.esma.europa.eu/content/EU-Supervisory-Authorities-update-risks-EU-financial-system

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