2024-07-08

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Recommendation of the European Systemic Risk Board of 8 July 2024 amending Recommendation ESRB/2015/2 on the assessment of cross-border effects of and voluntary reciprocity for macroprudential policy measures (ESRB/2024/3)

The ESRB amends Recommendation ESRB/2015/2 to update the reciprocation recommendation for Denmark's 7% sectoral systemic risk buffer on exposures to non-financial corporations in real estate and building development. The measure excludes exposures within a loan-to-value ratio range of 0% to 15% and applies to domestic credit institutions on an individual and consolidated basis. Reciprocating authorities are recommended to apply the measure within three months of publication, with an institution-specific materiality threshold of EUR 200 million for exemption.

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Recommendation on the assessmen…2015Recommendation of the European …2017Recommendation of the European …2023Recommendation of the EuropeanSystemic Risk Board of 8 July…2024-07-08 · this document
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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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