BaFin: BaFin Report : Climate Change, Geopolitics, Weak Economy May Put Pressure on Germany's Financial System

BaFin has shared an update titled "Risks in Focus 2025" and it notes that climate change, geopolitics and a weak economy could "put pressure on Germany's financial system." BaFin noted on its official website that natural disasters made more likely by climate change, international tensions and the weak domestic economy could create "new risks for the German financial system or exacerbate existing risks." In its "Risks in Focus 2025", released recently, the Federal Financial Supervisory