审查银行业的欧盟宏观审慎框架_70页_1mb

• Introduction: Highlights systemic risks in the EU banking system over the next decade, including structural vulnerabilities from digitalization, climate change, and non-bank financial intermediation. Proposes enhancements to the macroprudential framework through capital buffers, risk weights, borrower-based measures (BBMs), and cross-sectoral liquidity tools to address cyclical and structural risks.

• Enhancing the Macroprudential Framework:

  • Focuses on capital buffers (e.g., CCyB and SyRB), risk weights, and borrower-based measures (BBMs). Includes proposals to streamline risk weight measures for real estate, increase buffer usability, reduce inaction bias, and extend tools to address hybrid risks like climate change and cyber threats.

• Broadening the Regulatory Perimeter:

  • Introduces borrower-based measures for residential real estate, systemic liquidity tools, and activity-based regulation to ensure congruent oversight of non-bank institutions. Proposes collaboration across sectors (e.g., BigTech) and instruments to mitigate systemic risks from interconnectedness.

• Macroprudential Tools for Hybrid Risks: Addresses emerging risks like systemic cyber incidents and climate-related financial risks. Proposes new tools (e.g., cyber resilience requirements, concentration limits) to enhance systemic risk mitigation.

• Cooperation and Institutional Context: Emphasizes coordination between micro- and macroprudential authorities, resolution frameworks, and data sharing. Suggests harmonizing reciprocity rules and developing cross-sectoral stress tests to improve crisis preparedness.

Key Recommendations: Streamline capital buffers, refine risk weights, implement borrower-based measures, expand liquidity tools, address hybrid risks (cyber, climate), and strengthen cross-sectoral cooperation.