2016-10-31

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Recommendation of the European Systemic Risk Board on closing real estate data gaps

National macroprudential authorities are recommended to implement risk monitoring frameworks for residential and commercial real estate sectors using specified indicators such as loan-to-value and debt-to-income ratios. The document mandates annual monitoring for residential real estate and at least quarterly monitoring for commercial real estate, including detailed breakdowns by property type and location. It also encourages the European Supervisory Authorities to publish annual aggregated data on commercial real estate activities and advises coordination with the AnaCredit project for data implementation.

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Show all related documents (20)
Amended by
Recommendation of the European Systemic Risk Board of 21 March 2019 amending Recommendation ESRB/2016/14 on closing real estate data gaps2019
Issued under
Regulation (EU) No 1092/2010 of the European Parliament and of the Council of 24 November 2010 on European Union macro-prudential oversight of the financial system and establishing a European Systemic Risk Board2010
Refers to
Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC Text with EEA relevance2013Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 Text with EEA relevance2013Recommendation of the European Systemic Risk Board on the macro-prudential mandate of national authorities2011Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers and amending Directives 2003/41/EC and 2009/65/EC and Regulations (EC) No 1060/2009 and (EU) No 1095/2010 Text with EEA relevance2011Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (recast) (Text with EEA relevance)2009
Referred to by
Recommendation of the European Systemic Risk Board on vulnerabilities in the commercial real estate sector in the European Economic Area2022Instruction No. 2022-I-02 of 8 February 2022 on the surveillance of risks on residential mortgages in France2022Recommendation of the European Systemic Risk Board on medium-term vulnerabilities in the residential real estate sector in Austria2021Warning of the European Systemic Risk Board on medium-term vulnerabilities in the residential real estate sector of Liechtenstein2021Amendment of Circular CSSF 18/703 on semi-annual reporting of borrower-related residential real estate indicators2021Instruction No. 2021-I-02 of January 29, 2021, on the Supervision of Risks on Mortgage Loans in France2021
+7 moreInstruction No. 2020-I-02 of 21 February 2020 amending Instruction No. 2011-I-14 of 29 September 2011 on the supervision of risks on housing loans in France2020Recommendation of the European Systemic Risk Board on medium-term vulnerabilities in the residential real estate sector in Denmark2019Recommendation of the European Systemic Risk Board on medium-term vulnerabilities in the residential real estate sector in Finland2019Recommendation of the European Systemic Risk Board on medium-term vulnerabilities in the residential real estate sector in Sweden2019Recommendation of the European Systemic Risk Board on medium-term vulnerabilities in the residential real estate sector in the Netherlands2019Recommendation on medium-term vulnerabilities in the residential real estate sector in Belgium2019Warning of the European Systemic Risk Board on medium-term vulnerabilities in the residential real estate sector in France2019

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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