Financial stability risks from linkages between banks and the non-bank financial intermediation sector
The European Central Bank (ECB) and the European Systemic Risk Board (ESRB) published a joint report entitled “Financial stability risks from linkages between banks and the non-bank financial intermediation sector”. The report finds linkages between banks and the non-bank financial intermediation (NBFI) sector to be significant, and while they do not currently pose acute risks […]