Macroprudential policy strategy reflects new instruments

The FMSB evaluated and adjusted the macroprudential policy strategy for Austria to incorporate the instruments that the legislators had decided on in summer 2017. These new instruments address systemic risks arising from the debt financing of real estate.

Press Release

19th meeting of the Financial Market Stability Board

Convening for the 19th time, the Financial Market Stability Board (FMSB) met on February 18, 2019, to discuss its Annual Report for 2018 and adopt a preliminary work plan for 2019. Moreover, the FMSB issued a recommendation to leave the countercyclical capital buffer (CCyB) rate at 0% for the third quarter of 2019.


Tasks of the FMSB

The Financial Market Stability Board (FMSB) has been established to strengthen cooperation in the field of macroprudential supervision and to promote financial market stability. The tasks of the FMSB have been defined in the Federal Act on the Institution and Organisation of the Financial Market Authority.