The time series for the indicators used to set the CCyB have been updated. The time series are now available for Q1 2022.

The German Financial Stability Committee (FSC) has presented its ninth report to the German Bundestag. In the reporting period from 1 April 2021 to 31 March 2022, the main topics explored by the FSC were the effects of the coronavirus pandemic, the risks emanating from the real estate market and the activation of macroprudential measures to counteract the increased vulnerabilities in the German …

The time series for the indicators used to set the CCyB have been updated. The time series are now available for Q4 2021.

The time series for the indicators used to set the CCyB have been updated. The time series are now available for Q3 2021.

The German Financial Stability Committee (FSC) has analysed which macroprudential instruments currently most effectively address the risks identified in the financial system. The FSC welcomes the package of macroprudential measures announced by the Federal Financial Supervisory Authority (BaFin).

At its December meeting, the Financial Stability Committee (FSC) assessed the current risk situation in the German financial system. It concluded that macroprudential policy should return to prevention mode. Given the existing uncertainties over economic trends, the FSC will assess which instruments should be activated swiftly in 2022 to address the identified risks as effectively as possible.

The assessment of the macroprudential stance may support policymakers in deciding how to address systemic risks, aid communication of macroprudential policy decisions and increase accountability.

The Bundesbank published its annual Financial Stability Review on 25 November 2021. The review documents relevant developments as well as vulnerabilities in the German financial system and highlights risks to its stability.

The semi-annual Financial Stability Review finds that financial stability risks from the pandemic have lessened in the near term, but vulnerabilities are building up ahead.

The time series for the indicators used to set the CCyB have been updated. The time series are now available for Q2 2021.