2023-07-06

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Recommendation of the European Systemic Risk Board of 6 July 2023 amending Recommendation ESRB/2015/2 on the assessment of cross-border effects of and voluntary reciprocity for macroprudential policy measures (ESRB/2023/4)

The General Board of the European Systemic Risk Board amends Recommendation ESRB/2015/2 to update the list of macroprudential policy measures recommended for voluntary reciprocation by other Member States. The amendment adds specific measures from Belgium, Germany, France, Lithuania, Luxembourg, the Netherlands, Norway, and Sweden, including new Swedish floors of 35% and 25% for corporate exposures secured by commercial and residential properties respectively. It also establishes a maximum institution-specific materiality threshold of SEK 5 billion for the reciprocation of the Swedish measures and updates thresholds for other countries, such as EUR 2 billion for Belgium and EUR 10 billion for Germany.

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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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