Germany : Financial Sector Assessment Program Technical Note—Macroprudential Policy Framework And Tools.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Monetary and Capital Markets Department.

Series:

IMF Staff Country Reports; Country Report ; No. 2022/263

IMF Staff Country Reports

Language:

English

Subjects (All):

Household shrines.

Solvent extraction.

Physical Description:

1 online resource (49 pages)

Other Title:

Germany

Place of Publication:

Washington, D.C. : International Monetary Fund, 2022.

Summary:

Germany’s macroprudential policy framework and toolkit are well developed. The FSAP found the institutional arrangements for macroprudential policy to be mostly sound and operating well. Capacity and expertise in risk monitoring is good, thanks to the analytical power and data access of the central bank, and close coordination between the macro- and microprudential arms of the financial supervisory authorities. Germany’s macroprudential toolkit continues to develop. The principal outstanding task is to add powers to set caps on debt-to-income and debt service-to-income ratios on residential real estate loans to the already-established powers over loan-to-value ratios and amortization rates. These additions will place Germany’s toolkit on a par with its peers.

Contents:

Front Matter

Germany: Financial Sector Assessment Program Technical Note-Macroprudential Policy Framework And Tools.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9798400217463