In its 26th meeting on December 15, 2020, the Financial Market Stability Board (FMSB) discussed the effects of the COVID-19 pandemic and their implications for the financial system. Moreover, the FMSB evaluated progress in achieving the intermediate macroprudential objectives against the background of the COVID-19 pandemic. An additional topic under discussion was the availability of data on commercial real estate. In conclusion, the FMSB recommended leaving the countercyclical capital buffer (CCyB) rate unchanged at 0% of risk-weighted assets.
