News

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.

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

15th meeting of the Financial Market Stability Board

Convening for the 15th time, the Financial Market Stability Board (FMSB) met on March 7, 2018, to discuss its Annual Report for 2017, undertake its regular review of the level of the countercyclical capital buffer (CCyB) and adopt a preliminary work plan for 2018, among other things.