News in Systemic Risk: Friday, September 26, 2025 (9:45 a.m.) September 26, 2025 Macroeconomic impact of weather disasters: a global and sectoral analysis (Torsten Ehlers, Jon Frost, Carlos Madeira and Ilhyock Shim; BIS) European supervisors tell financial institutions to stay alert to stability risks in uncertain and volatile times (European Securities and Market Authority) SFC seeks court order to freeze assets up to $219 million for investors compensation in suspected manipulation of KNT shares (SFC) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook Fed Official Michael Barr Provides an Inside Look at Crisis Response High School Students Visit Yale SOM for Introduction to Careers in Business and Economics