What s the aim of macroprudential supervision?
Topi, Jukka (20.10.2009)
JulkaisusarjaBank of Finland. Financial Market Report
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408075205
The global financial crisis has underlined the need to deter and prevent systemic risks that threaten the stability of the financial system. Systemic risks may arise from liabilities between financial institutions or their exposure to similar risks. To develop macroprudential supervision for preventing systemic risks, the EU leaders have agreed in principle on establishing a European Systemic Risk Board.