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 July 2026 by macroprudential authorities in countries participating in European banking supervision

Last updated: 30 September 2026

Countercyclical capital buffer (CCyB) – Article 130 of the Capital Requirements Directive

• In July 2026 Lithuania announced an increase in the CCyB rate to 1.25%, effective as of 1 August 2027. 

• In September 2026 Croatia announced an increase in the CCyB rate to 2.25%, effective as of 1 October 2027.

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

• In July 2026 Spain announced an increase in the O-SII buffer rate for one institution, effective as of 1 January 2027. 

Overview of macroprudential measures implemented in countries participating in European banking supervision and notified to the ECB

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 September 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