2022-02-16

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Recommendation of the European Systemic Risk Board of 16 February 2022 amending Recommendation ESRB/2015/2 on the assessment of cross-border effects of and voluntary reciprocity for macroprudential policy measures

The General Board of the European Systemic Risk Board amends Recommendation ESRB/2015/2 to include specific national macroprudential measures in the list of measures recommended for voluntary reciprocation. The amendment adds measures from Belgium, France, Lithuania, Luxembourg, the Netherlands, Norway, and Sweden, detailing specific risk weight add-ons, systemic risk buffer rates, loan-to-value limits, and large exposure limits. Relevant authorities are recommended to reciprocate these measures to prevent negative cross-border effects such as regulatory arbitrage and leakages. The document specifies materiality thresholds, such as a EUR 2 billion exposure threshold for Belgium and combined thresholds for France, to guide the application of the de minimis principle.

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Regulation (EU) No 1092/2010 of…2010Directive 2013/36/EU of the Eur…2013Regulation (EU) No 575/2013 of …2013ESRB/2011/1 Decision No. 1 date…not in RegAlertRecommendation of the European …2021Recommendation of the EuropeanSystemic Risk Board of 16 Feb…2022-02-16 · this document
amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

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

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