Search Options
Home Media Explainers Research & Publications Statistics Monetary Policy The €uro Payments & Markets Careers
Sort by

ESRB publishes recommendation on guidance for setting countercyclical buffer rates

The ESRB has today published a Recommendation (ESRB/2014/1) on guidance to EU Member States for setting countercyclical buffer rates. The guidance, which was approved at the 18 June 2014 meeting of the ESRB General Board, is required under EU legislation. It serves the purpose of establishing a common approach to setting the countercyclical capital buffer across Europe.

The ESRB has today also published an Occasional Paper entitled “Operationalising the countercyclical capital buffer: indicator selection, threshold identification and calibration options”. The paper describes analysis that has informed Recommendation ESRB 2014/1.

For media enquiries, please call William Lelieveldt on +49 69 1344 7316.


European Central Bank

Directorate General Communications

Reproduction is permitted provided that the source is acknowledged.

Media contacts