Press releases 2020

  • 26th meeting of the Financial Market Stability Board – December 15, 2020

    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.

  • 25th meeting of the Financial Market Stability Board – September 15, 2020

    In its 25th meeting on September 15, 2020, the Financial Market Stability Board (FMSB) again discussed the effects of COVID-19 countermeasures on financial stability in Austria. Based on its regular analysis of alternative investment funds (AIFs), the FMSB did not identify any significant systemic risks for the Austrian financial system from AIFs’ leverage financing. In conclusion, the FMSB recommended leaving the countercyclical capital buffer (CCyB) rate unchanged at 0% of risk-weighted assets.

  • 24th meeting of the Financial Market Stability Board – June 15, 2020

    The 24th meeting of the Financial Market Stability Board (FMSB) on June 15, 2020, focused on the effects of the COVID-19 crisis on financial stability in Austria and an update of the board’s recommendations on the structural macroprudential capital buffers. In addition, the FMSB recommended leaving the countercyclical capital buffer rate unchanged at 0% of risk-weighted assets.

  • 23rd meeting of the Financial Market Stability Board – March 10, 2020

    At its 23rd meeting on March 10, 2020, the Financial Market Stability Board (FMSB) discussed the development of structural systemic risks in the Austrian banking sector and of systemic risks arising from real estate financing, the funding models of deposit guarantee schemes in Austria and the FMSB’s annual report for 2019. The FMSB also affirmed its recommendation to leave the countercyclical capital buffer (CCyB) rate at 0%. Moreover, the FMSB looked into the economic impact of the coronavirus disease (COVID-19) on Austria.