Joint committee report on risks and vulnerabilities in the EU financial system : August 2023
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<subTitle>: August 2023</subTitle>
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<abstract displayLabel="Summary">Recent years have presented a series of adverse events, i.e., the pandemic, related supply chain disruptions, the Russian aggression against Ukraine, the energy crisis, the Gilt crises in the UK and US mid-sized banks turmoil, which most financial institutions have navigated well. This was partly supported by sound fundamentals such as robust capital positions. Nonetheless, the European economy continues to experience a period of heightened uncertainty which presents material financial stability risks that necessitate vigilance from all financial market participants. Against this background, the Joint Committee advises the ESAs, national competent authorities, financial institutions, and market participants to take some policy actions</abstract>
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<topic>Mercados financieros</topic>
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<topic>Análisis de riesgos</topic>
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<topic>Solvencia</topic>
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<topic>Conflictos armados</topic>
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<geographic>Unión Europea</geographic>
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