2025-05-20

Financial Stability Report May 2025

The Dutch Authority for the Financial Markets and De Nederlandsche Bank report that escalating geopolitical tensions and US trade tariffs have increased market volatility, economic uncertainty, and cyber risks. The document highlights rising liquidity risks in asset management, deteriorating housing affordability, and the critical need for European financial autonomy to reduce dependence on US infrastructure. It urges stronger operational resilience, improved climate risk pricing, and enhanced cooperation within the European Savings and Investments Union to safeguard financial stability.

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Netherlands

Autoriteit Financiele Markten

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