Experiences show that systemic risk relating to Real Estate – stemming from excessive risk-taking, high leverage, misaligned incentives and boom/bust tendencies, etc. – may lead to significant risks to domestic financial stability
The ESRB warnings on RE vulnerabilities across Europe
Analyzing vulnerabilities in the RE sector across Europe is a key responsibility of the European Systemic Risk Board (ESRB) and we are honored to bring to the spotlight Francesco Mazzaferro, Head of the ESRB Secretariat at the upcoming ALFI & ALRiM European Risk Management conference on 31st May.
Is Luxembourg and our financial stability at risk?