Our Macroprudential Bulletin provides insight into the work we are currently doing in the field of macroprudential policy. Our goal is to raise awareness of macroprudential policy issues in the euro area by making our ongoing work and thinking in this field more transparent, and to encourage broader discussion on these key issues.
We aren’t trying to be transparent about our work just for the sake of it. This is also an opportunity to invite you to share your views with us by sending your feedback to firstname.lastname@example.org. You can also send us an email if you want to be notified about future issues of the Macroprudential Bulletin.
Policy options for addressing window dressing of very large global banks
Abundant evidence exists for window dressing and seasonality of data that global systemically important banks report at the end of the year. Such behaviour can distort appropriate risk measurement and capital requirements. Alternative data reporting requirements are proposed.Find out more about window dressing
An opportunity to review and improve the EU’s bank crisis management framework
Key areas for improving the European crisis management framework for banks relate to the crisis management options for small and medium-sized banks as well as preparedness for systemic crises. The European Commission’s reform proposal represents an opportunity to implement the lessons learned over the last decade.More on the EU’s bank crisis management framework
Key elements of the EU’s implementation of the final Basel III reforms
Financial regulation is an important tool to mitigate risks. This box reviews the final 2017 Basel III reforms, explains the main elements and their objectives, and briefly summarises the EU’s Banking Package which implements these reforms in the EU.Read more about the final Basel III reforms
Reviewing regulatory deposit run-off assumptions for euro area banks
The March banking turmoil has raised questions about the design and calibration of the Basel framework’s liquidity coverage ratio. For institutions covered by ECB banking supervision, the March events have not resulted in significantly higher outflow rates for institutions covered by ECB banking supervision.Read more about the liquidity coverage ratio
An indicator of effective macroprudential space
Releasable capital buffers are a tool to create macroprudential space. However, if banks use such capital to also meet other requirements, buffer releases might be ineffective. This box presents a comprehensive indicator of macroprudential space that accounts for this aspect.Read more about the effective macroprudential space
WANT TO LEARN MORE?
CHECK OUT OUR PREVIOUS RELEASES
6 December 2023
How ample is macroprudential space? A simple indicator of effectively releasable buffers measuring macroprudential space.
6 December 2023
Basel III finalisation in the EU: the key elements and how they make the EU banking system more resilient
3 July 2023
General considerations on conditions that could inform potential buffer releases in the future
26 April 2023
A positive neutral rate for the countercyclical capital buffer – state of play in the banking union