Are you researching how to prevent and mitigate systemic risks to financial stability? If you’d like the chance to win funding, apply for this year’s Ieke van den Burg prize! Submit your paper by 31 March 2024. Find out more esrb.europa.eu/about/orga/asc…

Accumulated risks remain significant in European Economic Area residential real estate sectors, even though the growth of cyclical risks has mostly slowed or stopped. Since 2021, several countries have taken steps to increase resilience. esrb.europa.eu/news/pr/date/2…

Check out our revamped website, which goes live today! Follow the link below to see the changes so far and stay tuned for further updates esrb.europa.eu/home/html/inde…

At its meeting on 21 March, the General Board assessed the main risks to the EU financial stability. Read the full press release here. esrb.europa.eu/news/pr/date/2…

Today we published a report on how entities can account for climate-related risks in their financial statements under International Financial Reporting Standards, and what the implications of this are for financial stability esrb.europa.eu/news/pr/date/2…

As part of our macroprudential strategy to advance system-wide cyber resilience, today we published a report focusing on operational policy tools. Find out more in our press release esrb.europa.eu/news/pr/date/2…

High leverage is typically associated with alternative investment funds. But did you know it can also build up in certain UCITS funds that follow hedge fund-like strategies? See our NBFI Monitor 2024 to find out more esrb.europa.eu/pub/pdf/report…

Did you know that most EU fund managers belong to banking groups? Check out the special feature in our NBFI Monitor 2024 to see how ownership links between fund managers and other financial institutions can pose financial stability risks esrb.europa.eu/news/pr/date/2…

Private equity and private debt funds have been growing rapidly in recent years. Is this part of the financial system a concern from a systemic perspective? Check out the NBFI Monitor 2024 special feature on private finance esrb.europa.eu/news/pr/date/2…

Less stringent regulation of EU-domiciled money market funds (MMFs) compared with those in the United States and the United Kingdom might pose risks to financial stability. Learn more about global interlinkages of EU MMFs in our NBFI Monitor 2024 esrb.europa.eu/news/pr/date/2…

At its meeting on 20 June, the General Board assessed the main risks to the EU financial stability. Read the full press release here. esrb.europa.eu/news/pr/date/2…

We’ve published our Annual Report. It summarises our work in the year leading up to 31 March 2024. Read the report for insights into European macroprudential policy esrb.europa.eu/pub/pdf/ar/202…