ESMA Publishes Second Risk Dashboard for 2014

Explore:  ESMA EU Risk Assessment

On May 16, the European Securities and Markets Authority (ESMA) published its second risk dashboard for 2014. The risk dashboard provides a snapshot of risk issues from the period of January 1, 2014 to March 31, 2014. Among other things, ESMA reports that:

  • systemic stress indicators rose from a position of relative calm in EU financial markets, mirroring a re-emergence of heightened uncertainty at both global and EU levels;
  • liquidity risk remained broadly stable, with signals continuing to be mixed;
  • market risk rose as the uncertainties of an uneven recovery, and their implications for likely policy reactions, intensified at both global and EU levels;
  • EU contagion risk remained broadly stable, though its nature appeared to shift; and
  • credit risk remained high, with the build-up of risks in new areas offsetting continued improvement in others. Risk Dashboard.


Written by:

Published In:


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Orrick - Structured Finance Group | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.