1.

Record Nr.

UNINA9910162924903321

Titolo

Finland : : Financial sector Assessment Program: Technical Note-Macroprudential Policy Framework

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2017

ISBN

9781475565010

1475565011

9781475565065

1475565062

Descrizione fisica

1 online resource (37 pages) : illustrations (some color), graphs, tables

Collana

IMF Staff Country Reports

Disciplina

332.6

Soggetti

Financial risk

Financial risk management

Banks and Banking

Finance: General

Macroeconomics

Industries: Financial Services

Financial Markets and the Macroeconomy

General Financial Markets: Government Policy and Regulation

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Finance

Banking

Macroprudential policy

Systemic risk

Systemic risk assessment

Macroprudential policy instruments

Financial sector policy and analysis

Loans

Financial institutions

Economic policy

Banks and banking

Finland



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Finland in the area of macroprudential policy framework. The Finnish authorities regularly coordinate and collaborate with international bodies on macroprudential policy. Several macroprudential instruments were formally introduced in the legislation and activated recently. The 2014 Act on Credit Institutions implements macroprudential instruments, including those set out in the European Capital Requirement Directive. Despite the important progress made, there are some improvements that should be considered. The macroprudential policy toolkit should be expanded. The systemic risk buffer should be added to the toolkit, although its activation and level may still need further analysis.