Macroprudential: Difference between revisions
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* [[Macro]] | * [[Macro]] | ||
* [[Microprudential]] | * [[Microprudential]] | ||
* [[Procyclicality]] | |||
* [[Systemic risk]] | * [[Systemic risk]] | ||
* [[Systemic Risk Buffer]] | * [[Systemic Risk Buffer]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category: | [[Category:Financial_products_and_markets]] | ||
[[Category:Identify_and_assess_risks]] | [[Category:Identify_and_assess_risks]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category:Risk_reporting]] | |||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
[[Category: | [[Category:The_business_context]] | ||
Latest revision as of 01:12, 22 November 2023
Bank regulation and prudential management
Macroprudential regulation means regulation for the welfare of the financial system as a whole, rather than individual financial institutions alone.
One insight from the Global Financial Crisis (GFC) was that bank viability regulation at the macro/systemic level had been dangerously neglected pre-crisis.
Examples of developments in macroprudential regulation and supervision include capital buffers.
At the individual institution level, 'macroprudential' management means recognition of the system-wide context in which the individual institution operates, and establishing risk management responses accordingly in that broader context.
