Archives - Macroprudential

• 2 April 2009 FSF issues recommendations and principles to strengthen financial systems

  The FSF issued reports today covering recommendations for addressing procyclicality in the financial system, principles for sound compensation practices and principles for cross-border cooperation on crisis management.

  Content Type(s): Press, Press Releases Source(s): FSF Policy Area(s): Compensation, Macroprudential, Resolution and Crisis Management

• 2 April 2009 Recommendations for Addressing Procyclicality in the Financial System

  The recommendations cover the following areas: the bank capital framework, bank loan loss provisions, and leverage and valuation.

  Content Type(s): Policy Documents, Publications Source(s): FSF Policy Area(s): Macroprudential

• 2 April 2009 Addressing Financial System Procyclicality: A Possible Framework

  This note aims to provide an overall framework that could help evaluate policy options to address the procyclicality of the financial system. While the framework is general in nature, the note focuses exclusively on options for prudential and financial reporting arrangements and the associated risk management and incentives issues. It therefore excludes other possible policy […]

  Content Type(s): Policy Documents, Publications Source(s): BIS, FSF Policy Area(s): Macroprudential, Regulatory Reform Recommendations

• 2 April 2009 Joint FSF-BCBS Working Group on Bank Capital Issues - Reducing procyclicality arising from the bank capital framework

  This note sets out recommendations to address the potential procyclicality of the regulatory capital framework for internationally active banks. Some of these recommendations are focused on mitigating the cyclicality of the minimum capital requirement, while maintaining an appropriate degree of risk sensitivity. Other measures are intended to introduce countercyclical elements into the framework. The recommendations […]

  Content Type(s): Policy Documents, Publications Source(s): BCBS, FSF Policy Area(s): Macroprudential, Regulatory Reform Recommendations

• 2 April 2009 Joint FSF-CGFS Working Group - The role of valuation and leverage in procyclicality

  This report explores the link between leverage and valuation in the light of the recent experience of market stress. Prior to the crisis, traditional balance sheet measures of leverage did not give an unambiguous signal of higher risk during the boom years of 2003-07. While balance sheet leverage increased at European banks and US investment […]

  Content Type(s): Publications Source(s): CGFS, FSF Policy Area(s): Macroprudential, Regulatory Reform Recommendations