ESMA issued its Trends, Risks and Vulnerabilities Report No. 2 for 2015 on European Union securities markets, covering market developments from January to June 2015. It also published its Risk Dashboard No. 3 for 2015.
Overall, market risks for the European securities markets have increased. ESMA’s risk indicator for market risk is now at its highest level “very high”. This increase is due to high volatilities and fluctuating performances across asset classes – all of which translates into elevated risks for investors, market infrastructures and the financial system at large. ESMA’s report also monitors possible vulnerabilities which are provided through specific in-depth analyses.
ESMA updates its report semi-annually, complemented by its quarterly Risk Dashboard. The results of the report are shared with the European Commission, Parliament and Council.