Securitisation and Regulation News

Issue Report on Macroprudential Policy Tools and Frameworks

The FSB, in conjunction with the International Monetary Fund and the Bank of International Settlements (BIS), issued a report on macroprudential policy tools and frameworks that updates a previous report provided to the G20 in February 2011.  The report traces the progress in implementing macroprudential policy frameworks along three broad lines: (i) advances in the  identification and monitoring of systemic financial risk; (ii) the designation and  calibration of  instruments for macroprudential purposes; and (iii) building institutional and  governance arrangements in the domestic and regional context. The report notes that although the development and implementation of macroprudential frameworks is still at an early stage, important steps have been taken, both nationally and internationally. 

FSB/IMF/BIS report