EU risks have intensified, supervisory authorities warn

Financial sector struggling with macro and operational risks

Esma
Esma's Paris headquarters

Risks in Europe "intensified" in the last year although they have not changed in substance, a report jointly authored by three EU supervisory authorities warns.

The report flags macro risks, including low interest rates, weak growth, higher valuation and liquidity risks and low profitability, as well as operational risks such as the impact of regulatory sanction and costs associated with cyber security.

The report was published on May 5 by the Joint Committee of the European Supervisory

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