Featured Product

    BCBS Study on Range of Practices in Implementing the CCyB Policy

    June 22, 2017

    BCBS published a document that examines the implementation of countercyclical capital buffer (CCyB) policies by a range of jurisdictions. The document highlights that CCyB policy frameworks differ significantly with respect to their governance structures; the number of indicators used to identify periods of excess credit and systemic risk; the degree of reliance on formal versus judgmental approaches in making CCyB decisions; and their communication and reciprocity practices. It also outlines issues identified in the context of the cross-jurisdiction comparisons.

    The identified cross-jurisdictional issues can be further discussed over the medium term, as more experience with the CCyB policy is gained. The document draws on information from a survey conducted by the Basel Committee and the website on CCyB decisions the Committee maintains. It details various national CCyB policy frameworks and operational aspects, underlining the varying discretionary elements of CCyB policy frameworks and practices in different jurisdictions. The review highlights the importance of the implementation imperative of the Basel standards and helps to clarify implementation of domestic CCyB policies. The CCyB, which the Basel Committee introduced in 2010 as part of the Basel III reforms, has the macro-prudential objective of protecting the banking sector from periods of excess aggregate credit growth that have often been associated with a build-up of system-wide risk.

    Related Links

    Practices in Implementing CCyB Policy (PDF)

    CCyB Decisions by Jurisdiction

    CCyB Guidance for National Authorities

    Keywords: International, BCBS, CCyB, Basel III, Banking

    Featured Experts
    Related Articles
    News

    APRA to Transition to Annual Stress Testing of Large Banks in 2020

    APRA published key findings of the stress testing assessment conducted on authorized deposit-taking institutions.

    February 21, 2020 WebPage Regulatory News
    News

    EC Consults on Review of Non-Financial Reporting Directive

    EC is launched a consultation on the review of the Non-Financial Reporting Directive or NFRD (Directive 2014/95/EU, as part of its strategy to strengthen sustainable investment in Europe.

    February 20, 2020 WebPage Regulatory News
    News

    EIOPA Consults on Standards for Supervisory Reporting Under PEPP Rule

    EIOPA is consulting on the implementing technical standards for supervisory reporting and cooperation, as mandated by the Pan-European Personal Pension Product (PEPP) Regulation (Regulation 2019/1238).

    February 20, 2020 WebPage Regulatory News
    News

    ECB Report on Transfer of Liquidity from EONIA Products to €STR

    ECB published a report on the transfer of liquidity from the cash and derivatives products of the Euro Overnight Index Average (EONIA) to the Euro Short-Term Rate (€STR).

    February 19, 2020 WebPage Regulatory News
    News

    ESRB Publishes Report on Systemic Cyberattacks

    ESRB published a report that explores systemic implications of cyber incidents, such as cyberattacks.

    February 19, 2020 WebPage Regulatory News
    News

    FSB Chair Sets Out Key Deliverables for G20 Presidency of Saudi Arabia

    FSB published a letter from the Chair Randal K. Quarles to the G20 finance ministers and Central Bank governors ahead of the meetings in Riyadh on February 22-23.

    February 19, 2020 WebPage Regulatory News
    News

    CFTC Proposes Rules on Derivative Position Limits and Swap Execution

    CFTC approved a proposed rule on position limits for derivatives and a proposed rule amending requirements for certain Swap Execution Facilities and real-time reporting.

    February 19, 2020 WebPage Regulatory News
    News

    BOJ Deputy Governor Speaks on Interest Rate Benchmark Reform in Japan

    The Deputy Governor of BOJ Masayoshi Amamiya spoke in Tokyo about how Japan should proceed with interest rate benchmark reform over the next two years until the end of 2021, when the discontinuation of LIBOR is expected.

    February 19, 2020 WebPage Regulatory News
    News

    BIS Appoints Heads of Innovation Hubs in Singapore and Switzerland

    BIS announced key personnel appointments to the Innovation Hubs in Singapore and Switzerland.

    February 19, 2020 WebPage Regulatory News
    News

    OSFI Proposes New Benchmark Rate for Qualifying Uninsured Mortgages

    OSFI announced that it is considering a new benchmark rate for determining the minimum qualifying rate for uninsured mortgages.

    February 18, 2020 WebPage Regulatory News
    RESULTS 1 - 10 OF 4708