ESAs warn of rising risks amid a deteriorating economic outlook
ESAs
Date:
05 October 2022
On 12 September 2022, the three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) issued their
Autumn 2022 joint risk report. The report highlights that the deteriorating economic outlook, high inflation and rising energy prices have increased vulnerabilities across the financial sectors. The ESAs advise national supervisors, financial institutions and market participants to prepare for challenges ahead.