Systemic risks in the market on the rise, says Iosco economist
Risk-taking activity yet again at near all-time highs and return of complex financial instruments is another troubling sign
Systemic risks could be building up in markets yet again, as the search for yield and the return of leverage and complexity in the financial system has led to risk-taking activity and collateralised debt issuance to hit near all-time highs, says Shane Worner, a senior economist at the International Organization of Securities Commissions (Iosco).
Speaking at the 10th annual FX Week Asia conference in Singapore, Worner warned that excess liquidity in the system caused by central bank easing has
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