ESRB encourages cooperation to fight market deterioration

Map of Europe in CRN blue

The general board of the European Systemic Risk Board (ESRB) today (June 21) held its sixth regular meeting in which increasing market volatility and uncertainty were the focus.

In a statement released after the meeting, the ESRB said that since the previous board meeting in March the situation had deteriorated. "Notwithstanding mitigating factors, such as the provision of central bank liquidity and recapitalisation initiatives, systemic risk remains high," said the board.

Noting the rising borr

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: