6 Risks to Financial Stability in the U.K. - Survey

Sovereign risk higher than last year.

The survey (pdf file) is intended to elicit market participants’ views about the prospects for financial stability in the United Kingdom.

The top risks identified in the 2009 survey were:

• economic downturn (82% of respondents);
• borrower defaults (47%);
• pressures in funding markets (32%);
• tight credit conditions (26%);
• regulatory and accounting changes (26%); and
• sovereign risk (26%).