ESRB handbook calls on macro-prudential regulators to overcome ‘inaction bias'

european-hotspots

Europe's macro-prudential regulators need to overcome their "inaction bias" by relying more on concrete indicators providing the impetus for necessary but unpopular measures ensuring financial stability, according to a policy ‘handbook' published yesterday by the European Systemic Risk Board (ESRB).

The 240-page tome, which offers guidance to European Union (EU) regulators on how to design and implement macro-prudential tools in light of a new regulatory framework, the Capital Requirements

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.