The time series for the indicators used to set the CCyB have been updated. The time series are now available for Q1 2021.

The European Systemic Risk Board (ESRB) has published a second report on macroprudential policy issues arising from the low interest rate environment in the financial system of the European Union (EU). Looking beyond recent cyclical developments, the coronavirus (COVID-19) shock may have increased the likelihood and persistence of a “low for long” scenario.

The Financial Stability Committee (Ausschuss für Finanzstabilität) is presenting its eighth report on financial stability in Germany to the German Bundestag. Its work has focused on the impact of the coronavirus pandemic on the German financial system. Amongst other topics, the Committee has also been looking at risks emanating from the real estate market, Brexit, central counterparties (CCPs), …

The time series for the indicators used to set the CCyB have been updated. The time series are now available for Q4 2020.

Due to the uncertain impact of the COVID-19 pandemic, BaFin lowered the buffer from 0.25% to 0% as of April 2020, where it has remained ever since. In light of the COVID-19 pandemic, the Financial Stability Committee deems a countercyclical capital buffer (CCyB) of 0% until end-2021 as appropriate.

The Federal Ministry of Finance has issued a new statutory instrument on the collection of financial stability data (FinStabDEV), which entered into force on 3 February 2021. It gives the Deutsche Bundesbank the power to collect relevant data on residential real estate lending on a regular basis. The additional data will strengthen macroprudential supervision and make it possible to deploy …

The time series for the indicators used to set the CCyB have been updated. The time series are now available for Q3 2020.

The time series for the indicators used to set the CCyB have been updated. The time series are now available for Q2 2020.

The global Covid-19 pandemic led to the worst economic downturn in Germany in decades during the first half of 2020.

Germany’s financial supervisory authority is carefully and continuously monitoring the impact of the Covid-19 pandemic on the financial sector. BaFin has summarised what actions BaFin, the European Central Bank and the European supervisory authorities are taking in response to Covid-19 on the BaFin website.