ESMA – Investors face increasing risks amid renewed market volatility

ESMA Guidelines and Recommendations
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Date: 18 December 2019
On 10 September 2019, the European Securities and Markets Authority (ESMA), the EU’s securities regulator, published the second Trends, Risks and Vulnerabilities (TRV) report for 2019.  The report identified a deteriorating outlook for the asset management industry and continued very high market risk.  Recent trade tensions have triggered renewed volatility, and concerns over a no-deal Brexit remain key risk drivers for the second half of 2019.