Macroprudential measures

Macroprudential measures aim to increase the financial system’s resilience to shocks by addressing identified systemic risks. Macroprudential authorities monitor the financial system, identifying risks and vulnerabilities, and implement measures to ensure financial stability.

Under the Single Supervisory Mechanism (SSM) Regulation (Council Regulation (EU) No 1024/2013), the ECB is responsible for assessing macroprudential measures adopted by national authorities in the countries participating in European banking supervision.

If necessary to address risks to financial stability, the ECB has the power to apply more stringent measures than those adopted nationally. These powers are based on Article 5 of the SSM Regulation and Article 13h of the Rules of Procedure of the ECB.

Measures taken since 1 April 2026 by macroprudential authorities in countries participating in European banking supervision

Last updated: 30 June 2026

Capital buffers for other systemically important institutions (O-SIIs) – Article 131 of the Capital Requirements Directive

In April 2026, Slovakia announced an increase of the O-SII buffer rate for one institution, effective as of 1 January 2027.

Systemic risk buffer (SyRB) – Article 133 of the Capital Requirements Directive

In April 2026, Italy announced the extension of the existing sectoral SyRB applicable to the domestic credit and counterparty credit risk exposures of all Italian banks and banking groups, effective as of 31 December 2026.

In June 2026, Slovenia announced the extension of the existing sectoral SyRB applicable to retail exposures to natural persons secured by residential property and to other exposures to natural persons not secured by residential property, effective as of 18 June 2026.

In June 2026, Austria announced an increase of the existing sectoral SyRB applicable to a subset of commercial real estate exposures. The increase will take effect in a stepwise manner: from 1% to 2% as of 1 July 2026, and from 2% to 3.5% as of 1 July 2027. 

Risk weight requirement - Article 458 of the Capital Requirements Regulation

In April 2026, the Netherlands announced the expiration of the minimum risk-weight floor for Dutch mortgage loans subject to the internal ratings-based approach. The measure will expire on 30 November 2026.

Overview of macroprudential measures implemented in countries participating in European banking supervision that the ECB has been notified of

The file below provides a list of all the macroprudential measures that have been implemented or publicly announced in countries participating in European banking supervision and notified to the ECB.

Overview of measures notified to the ECB under Article 5 of the SSM Regulation

Last updated: 30 June 2026

Other systemically important institutions: scores under ECB floor methodology

The ECB is following a floor methodology to assess O-SII buffer levels notified by the national authorities. The floor methodology was enhanced in 2024 to include the banking union perspective. Below are the O-SII scores from the banking union perspective, based on data as at the end of 2024.

Other systemically important institutions: scores under ECB floor methodology

Other systemically important institutions: scores under ECB floor methodology