Central Bank of Ireland Publishes Systemic Risk Pack in March 2019

In the systemic risk pack, explanation of indicators used is provided for each section in the form of a glossary and metadata table. The heatmaps aim to distill information and highlight areas of elevated risk by color coding indicators in line with their deviation from levels associated with financial system stability (thresholds). The indicators presented in the systemic risk pack are drawn from the broad range of data available to the Central Bank of Ireland. These include publicly available data as well as commercially sourced data supplied by third parties and data reported by regulated entities. The approach that has been taken to develop the risk pack makes it a very flexible tool and will allow for it to evolve over time, as new data sources become available, other relevant indicators are identified, and approaches to data visualization evolve.

This publication builds on the existing work regarding the use of macro-prudential indicators in policy setting. This biannual publication is created to facilitate macro-prudential analysis and to focus policy maker discussion. It complements the existing financial stability analysis by providing a comprehensive systemic perspective, along with the detailed approach provided in other publications.

Related Link: Systemic Risk Pack (PDF)

Keywords: Europe, Ireland, Banking, Systemic Risk, Macro-Prudential Policy, Financial Stability, Risk Assessment Tool, Central Bank of Ireland