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

18th meeting of the Financial Market Stability Board

In its 18th meeting on December 10, 2018, the Financial Market Stability Board (FMSB) announced that its annual evaluation of progress in realizing macroprudential objectives had led to a positive assessment. Moreover, the FMSB has decided to keep its recommendation on the countercyclical capital buffer unchanged.


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.