Press Release

20th meeting of the FMSB

At its 20th meeting on June 17, 2019, the Financial Market Stability Board (FMSB) looked back on its first five years in operation, provided an assessment of current risks in real estate financing and affirmed its recommendation of leaving the countercyclical capital buffer (CCyB) at 0% also in the third quarter of 2019.

Press Release

21st meeting of the FMSB

At its 21st meeting on September 9, 2019, the Financial Market Stability Board (FMSB) discussed the effectiveness of its guidance on sustainable real estate financing and the availability of data on commercial real estate, renewed its recommendation regarding the buffer for other systemically important institutions (O-SII buffer) and recommended that the countercyclical capital buffer (CCyB) be kept at 0% also in the fourth 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.