Instruments

Overview of macroprudential supervision’s instruments set out in Austrian Banking Act (BWG).

Effective from 1.1.2014

  • Systemic Risk Buffer
    (pursuant to Art. 23d of the Austrian Banking Act - BWG in conjunction with Art. 133 CRD IV)
  • Measures to limit systemic risk (“national flexibility package”)
    (pursuant to Art. 22a BWG in conjunction with Art. 458 CRR)
  • Measures on exposures secured by immovable property
    (pursuant to Art. 124 CRR and Art. 164 CRR)


Effective from 1.1.2016

  • Capital Conservation Buffer
    (pursuant to Art. 23 BWG in conjunction with Art. 129 CRD IV)
  • Countercyclical Capital Buffer
    (pursuant to Art. 23a BWG in conjunction with Art. 130 CRD IV)
  • Capital Buffer for Global Systemically Important Institutions
    (pursuant to Art. 23b BWG in conjunction with Art. 131 CRD IV)
  • Capital Buffer for Systemically Important Institutions
    (pursuant to Art. 23c BWG in conjunction with Art. 131 CRD IV)