| Over the last decades, financial markets have been transformed by the rapid development of new
financial instruments, the rise of new categories of key market participants, and a supportive
technological environment. More recently, fundamental areas of the financial sectors in Europe and
elsewhere have experienced a severe crisis which is not yet over. Going forward, CESR would like to
contribute more to the understanding of these trends and risks and communicate its insights to the
general public through regular reports. These reports will focus mainly on the short and medium
term without losing sight, however, of long-term developments. The analysis will naturally focus on
the activity in European financial markets, but also take into full account the international
dimension of the various markets and instruments analysed. read more view the Report on Trends, Risks, and Vulnerabilities
|