Cross-sector risks (Joint Committee)

The Joint Committee of the European Supervisory Authorities (ESAs) has established a Risk Sub-Committee which ensures adequate coverage of cross-sectoral developments, risks and vulnerabilities, including regulatory developments of cross-sectoral significance, and risks and vulnerabilities of financial conglomerates. It provides analyses of systemic risks with cross-sectoral implications, including risk transfer and contagion issues.

The Risk Sub-Committee provides regular cross-sectoral micro-prudential risk assessments to the ESAs’ Board of Supervisors and, the Economic and Financial Committee – Financial Stability Table (EFC-FST) and the ESRB, complementing the ESAs’ reports.

Ongoing consultation

Consultation

There is currently an ongoing consultation in this area.  To see more and to respond, please go to the section Consultations