Systemic risk refers to the risk of financial system breakdown due to linkages between institutions. This risk cannot … for the task of assessing systemic risk and the new European Systemic Risk Board needs to address this issue. There is a … lot of exciting ongoing research devoted to measuring systemic risk and providing signals to regulators as to when and …

-level financial supervision and a new European Systemic Risk Board (ESRB) are to be welcomed. The ECB's central role in the ESRB is …

publish regular stress tests, change their regulations on the risk weighting of sovereign debt and put new resolution …

The crisis management framework for banks in the European Union (EU) requires the resolution authorities to identify …