The Dutch Authority for the Financial Markets published the full speech by Jan Berndsen, Head of Account Supervision and Assessments, delivered on 30 October at the Leaders in Finance Risk Event 2025, warning that financial risks do not disappear but change form and can remain hidden. Berndsen argued that periods of calm and optimism in financial markets can mask emerging vulnerabilities, particularly against a backdrop of geopolitical turmoil and broader transformation, and called on both regulators and market participants to identify risks in time and take action. The speech is available for download under the title “From Fragility to Foresight”.
Dutch Authority for the Financial Markets 2025-10-31
Dutch Authority for the Financial Markets publishes Jan Berndsen speech urging vigilance as financial risks change form
The Dutch Authority for the Financial Markets released a speech by Jan Berndsen, Head of Account Supervision and Assessments, highlighting that financial risks often change form and remain hidden. Berndsen emphasized that calm market periods can obscure vulnerabilities, urging regulators and market participants to proactively identify and address risks.