News

Advice on the establishment of a legal basis for additional macroprudential instruments

The FMSB considers the preventive creation of a legal basis for additional macroprudential instruments necessary to enable the Austrian Financial Market Authority (FMA) to impose limits on loans granted by commercial lenders.

FMSB

Tasks of the Financial Market Stability Board

1. discussing facts relevant to financial market stability;

2. encouraging cooperation and the exchange of opinions among the institutions represented on the Board in normal times and in times of crisis;

3. issuing expert opinions, recommendations and requests in connection with the capital risk of institutions and a resulting systemic threat;

4. issuing warnings about risks that may have an adverse impact on financial stability;

Press Release

Twelfth meeting of the FMSB

In its twelfth meeting on June 30, 2017, the Financial Market Stability Board (FMSB) evaluated the application of the systemic risk buffer. The FMSB confirmed its recommendation to leave the countercyclical capital buffer at 0% of risk-weighted assets.