Recommendation of the European Systemic Risk Board amending Recommendation ESRB/2015/2 on macroprudential policy measures

The European Systemic Risk Board amends Recommendation ESRB/2015/2 to recommend the reciprocation of specific macroprudential measures adopted by Belgium, Germany, France, Lithuania, Luxembourg, the Netherlands, Norway, and Sweden. The amendment updates the list of measures in Section 1 and replaces the Annex with detailed descriptions, reciprocation scopes, and materiality thresholds for each jurisdiction. For instance, it specifies a 2% systemic risk buffer for German residential real estate exposures with a EUR 10 billion materiality threshold, and a 5% large exposure limit tightening for French highly-indebted corporations. Relevant authorities are recommended to apply these measures or equivalent alternatives by specified deadlines, such as 1 February 2023 for the German measure.

Get ESRB alerts — same-day email on every new publication.

EUR-Lex

Access to European Union law

This document is an excerpt from the EUR-Lex website

You are here

EUROPA

EUR-Lex home

EUR-Lex - 32022Y0727(01) - EN

Help

Quick search

Use quotation marks to search for an "exact phrase". Append an asterisk ( * ) to a search term to find variations of it (transp * , 32019R * ). Use a question mark ( ? ) instead of a single character in your search term to find variations of it (ca ? e finds case, cane, care).

Search tips

Need more search options? Use the

Read the rest free, and get an email when ESRB publishes again

Email me when ESRB publishes something newOne email per publication, same day. Sign in below to keep reading.

Lineage: In force

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Timeline

This document amends: Recommendation on the assessment of cross-border effects and voluntary reciprocity for macroprudential policy measures

Source: European Systemic Risk Board — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works