This report analyses how climate-related risks are addressed in International Financial Reporting Standards (IFRS) and reflected in financial statements prepared in accordance with those standards, all from a financial stability perspective. It considers ongoing work by the IFRS Foundation, the...

This report analyses misconduct risk in the banking sector from a macroprudential perspective. Misconduct risk refers to risks attached to the way in which a firm and its staff conduct themselves. As such, it includes how customers and investors are treated, mis-selling of financial products,...

On 25 May 2020, the European Systemic Risk Board (ESRB) issued Recommendation ESRB/2020/6 aimed at addressing the liquidity risks potentially arising from margin calls (the "Recommendation"). The Recommendation consists of its component Recommendations A, B, C and D. Each of these...

Cyber threats continue to pose significant risks to financial stability in the EU and beyond. The persistently heightened cyber threat environment in Europe is evidenced by the sabotage of undersea telecommunications cables, the disruptions to systems in large banks and third-party providers,...