The European Commission hopes to garner the opinions of the stakeholders on the functioning of the current banking macro-prudential framework, in a consultation to run until Wednesday 26 October.
At European level, the institutional architecture of the banking macro-prudential framework, which was set in place after the financial crisis of 2008, is based mainly on the European Systemic Risk Board (ESRB). The 'CRR-CRDIV' legislative package revising the banking prudential framework...