top of page
  • Deborah

In a document released on March 17, the European Supervisory Authorities (EBA, ESMA and EIOPA – the ESAs) warns consumers on the risks of investing in cryptoassets due to their highly speculative nature.


To make informed decisions, the ESAs advise consumers to consider the following:

  • Be informed about the specific risks of cryptoassets and related products and services

  • Have a good understanding of the key risks of cryptoassets : extreme price movements, misleading marketing material and other information and absence of protection as most of cryptoassets and the selling of products or services in relation to cryptoassets are unregulated in the EU. Other elements to consider are the complexity of these assets, the risk of fraud and malicious activities, the risk of market manipulation, the lack of price transparency and low liquidity as well as the risk of cyber-attacks.

  • Consider their risk tolerance and risk appetite.

Recent Posts

See All

Information, Communication Technology (ICT) systems, generally includes all hardware, software, applications and systems that combined enable people and organizations to communicate digitally. ICT enc

25 January 2023 - Comments requested on Financial Conduct Authority (FCA) proposed Sustainability Disclosure Requirements (SDR) and investment labels. 6 February 2023 - Comment period closes for the u

Last November, 2022 the Bank for International Settlements (BIS) and the International Organization of Securities Commissions (IOSCO) published their Level 3 assessment of cyber resilience on 37 Finan

bottom of page