BIS reviews development of macroprudential toolkits

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Effective macroprudential frameworks require institutional arrangements and governance structures that are able to mobilise the right tools to limit systemic risk, as well as ensure a frank dialogue and resolve conflicts among policy-makers' objectives, according to a progress report on macroprudential tools released on Friday.

The report, published by the Bank for International Settlements (BIS) and prepared in collaboration with the Financial Stability Board (FSB) and the International

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