Tag: European Systemic Risk Board

This Week’s Top Stories: Canadian Real Estate Prices Plummet & Global Bubble Panic Hits

December 11, 2022

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Bank Regulator Just Told Banks To Put Away More Cash For A Risk Event Canada’s banking watchdog is asking the country’s Big Six to put away a little more cash for a rainy day. This week OSFI increased the domestic stability […]

Global

EU Watchdog Warns of Real Estate Risk, Up To 90% Overvalued

December 9, 2022

A global real estate bubble was brewing, and regulators are only now catching onto why it’s an issue. This week notes from the General Board of the European Systemic Risk Board (ESRB) annual meeting were released. The notes reveal members are concerned that inflated home prices present a systemic risk to the EU economy. Steep […]