ESRB Annual Report 2019
(WorldNews Denmark)

Annual Report 2019 Contents Foreword 2 Executive summary 4 1 Systemic risks in the financial system of the European Union 7 1.1 Overview of the main systemic risks in the EU 7 Box 1 System-wide cyber incidents 11 Box 2 ESRB monitoring of EU derivatives markets 13 2 ESRB contributions to the policy framework 14 2.1 ESRB policies 14 2.2 Banking 18 2.3 Beyond banking 19 Box 3 The ESRB`s response to the European Insurance and Occupational Pensions Authority`s consultation on the review of Solvency II 22 2.4 Developing the concept of macroprudential stance 23 2.5 Review of national measures 24 3 Institutional framework: implementation and accountability 26 3.1 Amendments to the ESRB Regulation 26...