June 09, 2017

ECB published the third issue of its biannual Macroprudential Bulletin. This issue provides insights into the ECB’s macro-prudential tools and its thinking on macro-prudential issues.

This issue begins by describing the ECB floor methodology for setting the other systemically important institution (O-SII) capital buffer that each identified O-SII is required to maintain. It then (Chapter 2) describes quality assurance as part of the 2016 Stress Test Exercise, followed by quantitative analysis of the European Deposit Insurance Scheme (EDIS), the third pillar of the Banking Union. The analysis is focused on exposure of the EDIS to bank failures and the benefits of risk-based contributions. This issue ends with a summary of the macro-prudential policy measures that have been implemented or announced in euro area countries since the publication of the second Macroprudential Bulletin in October 2016.

 

Additionally, an overview of all measures reported to the ECB under Article 5 of the Single Supervisory Mechanism (SSM) Regulation is provided on the ECB website, along with the overview tables showing all macro-prudential measures at a glance and these tables will be updated on a quarterly basis. Under the SSM Regulation, ECB has been assigned specific powers in the field of macro-prudential policies. In particular, ECB is responsible for assessing macro-prudential measures adopted by national authorities in the countries subject to ECB Banking Supervision. ECB has the power to apply, if deemed necessary, more stringent measures than adopted nationally to address risks to financial stability.

 

Related Links


Macroprudential Bulletin, Issue 3 (PDF)

Macro-Prudential Measures

Macroprudential Bulletin, Issue 2 (PDF)

​Keywords: Europe, ECB, Banking, Macroprudential Policy, Macroprudential Bulletin, Stress Testing

Related Articles
News

FSB to Evaluate Effects of Too-Big-To-Fail Reforms for Systemic Banks

FSB is seeking feedback as part of its evaluation of the effects of the too-big-to-fail reforms for banks.

May 23, 2019 WebPage Regulatory News
News

APRA Releases Minor Changes to Reporting Standards on SA-CCR for Banks

APRA released minor changes to the three reporting standards for the standardized approach for measuring counterparty credit risk exposures (SA-CCR).

May 22, 2019 WebPage Regulatory News
News

APRA on Industry Self-Assessments into Governance and Accountability

APRA released an information paper analyzing the self-assessments performed by 36 of the country’s largest banks, insurers, and superannuation licensees in response to the final report on the Prudential Inquiry into the Commonwealth Bank of Australia (CBA).

May 22, 2019 WebPage Regulatory News
News

PRA Consults on Maintenance of TMTP Under Solvency II

PRA published a consultation paper (CP11/19) that sets out its approach to update supervisory statement (SS6/16) on maintenance of the transitional measure on technical provisions (TMTP) under Solvency II.

May 22, 2019 WebPage Regulatory News
News

APRA Proposes to Amend Guidance on Residential Mortgage Lending

APRA is consulting on revisions to the prudential practice guide APG 223 on residential mortgage lending in Australia.

May 21, 2019 WebPage Regulatory News
News

IASB Proposes Improvements to IFRS 9 and IFRS 16

IASB published the exposure draft ED 2019/2 that proposes amendments to four IFRS standards, including IFRS 9 on Financial Instruments and IFRS 16 on Leases.

May 21, 2019 WebPage Regulatory News
News

Denis Beau of BDF on Supervisory Priorities for Climate-Change Risks

Denis Beau, the First Deputy Governor of BDF, delivered opening remarks at the BCBS-BSCEE-FSI High-level Meeting for Europe on banking supervision.

May 21, 2019 WebPage Regulatory News
News

ISDA CDM to be Deployed for UK Digital Regulatory Reporting Pilot

ISDA announced deployment of the ISDA Common Domain Model (ISDA CDM 2.0) to support the UK FCA, BoE, and participating financial institutions in testing phase two of the Digital Regulatory Reporting pilot for derivatives.

May 21, 2019 WebPage Regulatory News
News

MAS to Consolidate Regulation of Merchant Banks Under Banking Act

MAS published a consultation paper that proposes to consolidate the regulation of merchant banks under the Banking Act and to move merchant banks to a licensing regime under the MAS Act.

May 21, 2019 WebPage Regulatory News
News

ESAs Amend Technical Standards on Mapping of ECAIs Under CRR

ESAs published a second amendment to the implementing technical standards on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs) for credit risk under the Capital Requirements Regulation (CRR).

May 20, 2019 WebPage Regulatory News
RESULTS 1 - 10 OF 3118