2016-06-24
Added · Updated
The General Board of the European Systemic Risk Board amends Recommendation ESRB/2015/2 to include a 1-percent systemic risk buffer rate applied by Estonia to the domestic exposures of all credit institutions authorized in Estonia in the list of measures recommended for reciprocation. Relevant authorities in Member States that have implemented Article 134 of Directive 2013/36/EU are recommended to reciprocate this measure for exposures located in Estonia of domestically authorized institutions. For Member States that have not implemented Article 134, authorities are recommended to reciprocate the measure and adopt an equivalent measure within six months.
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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
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