Effective arrangements for micro and macroprudential policies to further overall financial stability are strongly desirable for all countries, emerging or advan

MCM conducted a survey in December 2010 to take stock of international experiences with financial stability and the evolving macroprudential policy framework. T

The countercyclical capital buffer (CCB) was proposed by the Basel committee to increase the resilience of the banking sector to negative shocks. The interactio

Macroprudential policy is a complement to microprudential policy and it interacts with other types of public policy that have an impact on systemic financial st

A framework for macroprudential regulation that defines systemic risk and macroprudential policy, describes macroprudential tools, and surveys the effectiveness