Measures

Published: 31/1/2015 Modified: 26/6/2017
Measures aimed at preserving financial stability comprise a wide range of instruments and may generally be classified into groups of preventive measures, measures aimed at resilience and crisis management measures.

As financial stability is characterised by the smooth functioning of all financial system segments (institutions, markets, and infrastructure) in the resource allocation process, in risk assessment and management, payments execution, as well as in the resilience of the system to sudden shocks, the designing of macroprudential policy measures is a complex task that requires coordination of various policies (macroprudential, microprudential, monetary, fiscal, etc) and, depending on the stage of the evolution of systemic risks, such measures may be part of standard defence lines of stability: preventive measures, measures aimed at resilience and crisis management measures. In addition to standard quantitative measures (in line with the available set of instruments), such measures may include communication channels (recommendations and opinions).

Macroprudential measures