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EU risks have intensified, financial supervisors warn

Risks have worsened since mid-2014, European supervisory authorities say; report recommends including costs arising from misconduct sanctions in future stress tests

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 sanctions and costs associated with cyber

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