Macroprudential toolkit should be replenished in Finland and Europe
Asplund, Tuulia; Topi, Jukka (13.05.2022)
Volyymi
96Numero
1/2022Julkaisija
Bank of Finland
2022
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-202205271248Tiivistelmä
Finland and the EU have now gained almost a decade of experience in macroprudential policy. Banks’ risk resilience has been increased, and the supply of credit has been relatively stable even in crisis situations. Disruptions threatening stability may emerge both within and outside the financial system. The macroprudential toolkit should include a higher amount of releasable capital buffers to be used by banks in the event of disruptions. Macroprudential authorities should have more effective and uniform instruments at their disposal to address housing market risks and excessive growth in household indebtedness. The macroprudential toolkit should be further improved both at EU level and in Finland.
Julkaisuhuomautus
The accessible version https://www.bofbulletin.fi/en/2022/1/macroprudential-toolkit-should-be-replenished-in-finland-and-europe/