2026-04-24

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Recommendation of the European Systemic Risk Board of 24 April 2026 amending Recommendation ESRB/2015/2 on the assessment of cross-border effects of and voluntary reciprocity for macroprudential policy measures (ESRB/2026/2)

ESRB/2015/2 is amended to replace the Austrian sectoral systemic risk buffer (sSyRB) schedule with a tiered structure: 1% until 30 June 2026, 2% from 1 July 2026 to 30 June 2027, and 3.5% from 1 July 2027. These rates apply to relevant exposures to non-financial corporations in the Austrian construction and real estate sectors, excluding limited-profit housing associations. Competent authorities in other Member States are recommended to reciprocate the measure on a consolidated, sub-consolidated, and individual basis, applying it to exposures classified under NACE codes F 41, F 43, and M 68. A standard three-month transition period applies for implementation, and authorities are encouraged to use harmonized reporting templates to assess the EUR 100 million institution-specific materiality threshold.

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Directive No. 2013/36/EU dated …not in RegAlertESRB/2011/1 Decision No. 1 date…not in RegAlertRegulation No. 1092 dated 2010-…not in RegAlertRecommendation on the assessmen…2015Recommendation of the EuropeanSystemic Risk Board of 24 Apr…2026-04-24 · 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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