External publication

Geopolitical risks and banking sector vulnerabilities: implications for the SSM

The EU economy is vulnerable and will be increasingly exposed to geopolitical risk arising from the less peaceful course of international relations.

Publishing date
29 November 2022

This study was prepared for the European Parliament’s Committee on Economic and Monetary Affairs (ECON). The study is available on the European Parliament’s online database, ‘ThinkTank‘. Copyright remains with the European Parliament at all times.

Geopolitical risk will increasingly confront EU banks and their supervisors in the coming years. This paper assesses four specific manifestations of this type of risk and the related banking vulnerabilities and proposes new or modified priorities for European Central Bank banking supervision. 

This document was prepared by the Economic Governance Support Unit at the request of the ECON Committee.