ESMA sees risk of market corrections in uneven recovery

ESMA Guidelines and Recommendations

Date: 10 September 2021
On 1 September 2021, the European Securities and Markets Authority (ESMA) published its second Trends, Risks and Vulnerabilities (TRV) Report of 2021. The Report highlights the continued rise in valuations across asset classes in an environment of economic recovery and low interest rates, the increased risk taking of investors and the materialisation of event risks such as GameStop, Archegos and Greensill.