At ESRB’s second ordinary meeting, it discussed the systemic risks the EU financial system faces. It noted the main current aim of macro-prudential regulation is to contribute to ensuring all key components of the financial system can continue to recover towards a self-sustaining position. It supports stress testing, with national back-up plans, and further initiatives, such as the reduction of maturity mis-matches, addressing the risk of potential asset price imbalances and external risks to the system. It is also considering other initiatives such as the increasing distribution of complex and opaque investment products to retail investors. (Source: ESRB Statement to Press Conference)