Examples of using Macroprudential in English and their translations into Croatian
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Review of the EU macroprudential framework.
Macroprudential tools have distributional effects that are central to their success.
Financial stability and macroprudential policy.
ECB opinion on macroprudential measures to limit systemic risks in Austria.
Statistics Financial stability and macroprudential policy.
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The overarching goal of macroprudential policy is to preserve financial stability.
Monetary policy Statistics Financial stability and macroprudential policy.
Policy measures have been taken in the macroprudential domain, which may however remain insufficient.
The emergence of possible systemic risks in the financial system is addressed through macroprudential policies.
Table 2 Implementation of macroprudential policy and overview of macroprudential measures in Croatia.
Critical moments in the post-crisis reconstruction of the European Union and specificities of macroprudential policy.
Euroisation, CNB, monetary policy, macroprudential measures Summary.
In addition, supervisors and macroprudential authorities may apply additional prudential requirements to institutions within their supervisory scope.
The ESRB has worked intensively on providing support to the establishment of new macroprudential policy frameworks in Europe.
Figure 3 Reciprocation of the macroprudential policy measure adopted by the relevant authority of Finland by EU member states.
The recommendation is addressed to the relevant authorities entrusted with the adoption and/or activation of macroprudential policy measures.
It has therefore adopted macroprudential policy measures with the aim of reducing potential negative effects of the market power of particular banks.
Download Keywords shadow banks, banking sector,non-bank financial institutions, macroprudential policy, financial stability, systemic risks, Croatia.
Macroprudential policy cannot be considered in isolation; there are important interactions between microprudential,macroprudential and monetary policy measures.
It is a platform for regular, high-level discussions, bringing together microprudential and macroprudential perspectives from across Europe.
Monetary and macroprudential policies interact with each other mainly via their common transmission channel through the financial system, and especially through the banking system.
This paper analyses the evolution of financial euroisation in Croatia andexamines the use of monetary and macroprudential measures amid the context of high euroisation.
Macroprudential measures that serve to protect financial stability include preventive measures, measures aimed at increasing banking system resilience and other measures.
ECB Opinion on the legal framework for covered bonds,reporting of credit data, macroprudential powers and tools, and SSM common procedures in the Slovak Republic.
Adequate fiscal and macroprudential policies need to be in place to prevent the build-up of imbalances, along with an appropriate framework for the supervision of financial institutions.
Such an approach to systemic risk analysis facilitates the monitoring andunderstanding of the degree of financial stability and communication of macroprudential policy makers with the public.
The recent global financial crisis uncovered the necessity of a macroprudential approach to financial system analysis and designing of a consistent macroprudential policy.
Structural vulnerabilities, including the high market concentration of the banking system,have been recognised by the CNB in its capacity as the macroprudential policy maker as well.
Instruments The SSM Regulation assigns macroprudential powers to both the national authorities and the ECB, so responsibility for macroprudential policies is shared(Article 5).
The paper also confirms that capital flows to the banking sector have no effect on the exchange rate,providing support to the intensive use of countercyclical macroprudential measures by the central bank.