Ireland : : Financial Sector Assessment Program: Technical Note-Macroprudential Policy Framework

• Record Nr.: UNINA9910136699803321
• Pubbl/distr/stampa: Washington, D.C. : , : International Monetary Fund, , 2016
• ISBN: 9781475542387; 1475542380
• Descrizione fisica: 1 online resource (31 pages) : illustrations, tables
• Collana: IMF Staff Country Reports
• Disciplina: 332.109417
• Soggetti: Banks and banking - State supervision - Ireland; Monetary unions - Ireland; Banks and Banking; Finance: General; Macroeconomics; Industries: Financial Services; Real Estate; Banks; Depository Institutions; Micro Finance Institutions; Mortgages; Financial Markets and the Macroeconomy; General Financial Markets: Government Policy and Regulation; Housing Supply and Markets; Banking; Finance; Property & real estate; Macroprudential policy instruments; Macroprudential policy; Financial sector stability; Financial sector policy and analysis; Housing prices; Prices; Financial institutions; Banks and banking; Economic policy; Financial services industry; Housing; Ireland
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Nota di bibliografia: Includes bibliographical references.
• Sommario/riassunto: This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Ireland in the area of the macroprudential policy framework. The current institutional arrangement in Ireland is appropriate for effective macroprudential policy and in line with IMF guidance. The Central Bank of Ireland’s analysis of systemic vulnerabilities is sophisticated and timely. The central bank has been introducing a range of macroprudential instruments to contain a buildup of systemic risk in the financial system. Ireland’s boom-bust experience amply demonstrates the need for forward-looking action to head off incipient financial problems.