Financial Stability in Europe

Financial Stability in Europe

Intuition Publishing Pty Ltd
Updated Sep 25, 2020

The European Systemic Risk Board (ESRB) is ultimately responsible for the macroprudential oversight of the EU financial system. The structure and objectives of the ESRB are explored here and we We learn of its accountability and reporting obligations. Finally we look at the latest tool in Europe's arsenal in the fight against the financial instability, the European Stability Mechanism (ESM).