Featured Product

    ESRB Updates List of Countercyclical Capital Buffers in January 2019

    January 08, 2019

    ESRB updated the list of the countercyclical capital buffer (CCyB) rates applicable in countries in the Eurosystem. Since the last update, the CCyB information has been updated for Belgium, Croatia, Finland, Germany, Greece, Hungary, Italy, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, and Spain. The table also contains the CCyB rates that have been announced, but not yet implemented, by the designated authorities.

    As part of the information accompanying the announcement, designated authorities must notify ESRB about each quarterly setting of CCyB rates. CCyB is part of a set of macro-prudential instruments, designed to help counter pro-cyclicality in the financial system. Capital should be accumulated when cyclical systemic risk is judged to be increasing, creating buffers that increase the resilience of the banking sector during periods of stress when losses materialize. This will help maintain the supply of credit and dampen the downswing of the financial cycle. A CCyB can also help dampen excessive credit growth during the upswing of the financial cycle.

     

    Related Links

    Keywords: Europe, EU, Banking, CCyB, Capital Buffer, Macro-prudential Instrument, Systemic Risk, ESRB

    Featured Experts
    Related Articles
    News

    HKMA Consults on Supervisory Policy for Systemically Important Banks

    HKMA proposed amendments to the Supervisory Policy Manual, or SPM, module CA-B-2 on systemically important banks.

    October 29, 2020 WebPage Regulatory News
    News

    FSB Report Finds Steady Increase in Climate-Related Disclosures

    FSB published the annual report that examines to-date progress toward implementation of climate-related disclosure recommendations of the industry-led Task Force on Climate-related Financial Disclosures (TCFD).

    October 29, 2020 WebPage Regulatory News
    News

    EBA Proposes to Revise Guidelines on Sound Remuneration Policies

    EBA proposed to revise the guidelines on sound remuneration policies in light of the amendments introduced by the fifth Capital Requirements Directive (CRD V).

    October 29, 2020 WebPage Regulatory News
    News

    US Agencies Finalize Interim Final Rules Issued Amid Pandemic

    US Agencies (FDIC, FED, and OCC) finalized two rules, which are either identical or substantially similar to the interim final rules in effect and issued earlier this year.

    October 29, 2020 WebPage Regulatory News
    News

    EBA Report Examines Quality of TLAC and MREL Instruments in EU

    EBA published the first monitoring report that examines the issuance and quality of the minimum requirement for own funds and eligible liabilities (MREL) and the total loss-absorbing capacity (TLAC) instruments in EU.

    October 29, 2020 WebPage Regulatory News
    News

    FSB Consults on Forward-Looking Climate Metrics for Financial Sector

    FSB's Task Force on Climate-Related Financial Disclosures (TCFD) is seeking views on the decision-useful, forward-looking climate metrics for firms in financial sector, with the consultation ending on January 27, 2021.

    October 29, 2020 WebPage Regulatory News
    News

    APRA Consults on Reporting Standard for Credit Risk Management

    APRA is consulting on the reporting standard for credit risk management (ARS 220.0).

    October 28, 2020 WebPage Regulatory News
    News

    PRA Consults on Proposals to Support Transposition of BRRD2

    PRA launched a consultation (CP18/20) setting out proposals for the "Contractual Recognition of Bail-in" and "Stay in Resolution" Rules.

    October 28, 2020 WebPage Regulatory News
    News

    BoE and PRA Consult on Changes to Resolution Policy for Banks

    BoE and PRA launched a package of proposals on the resolution policy in UK.

    October 28, 2020 WebPage Regulatory News
    News

    ECB Opinion on Amendments to Luxembourg Financial Services Legislation

    ECB published an opinion (CON/2020/25) on the deposit guarantee scheme and other amendments to the financial services legislation.

    October 27, 2020 WebPage Regulatory News
    RESULTS 1 - 10 OF 6031