Range of practices in implementing a positive neutral countercyclical capital buffer : implementation

This report builds on those prior publications by examining the different jurisdictional frameworks for implementing a positive neutral CCyB, the observed approaches to the calibration and operation of the buffer, and discusses reciprocity considerations. The adoption of a positive neutral CCyB approach is not required by Committee members, and the report does not seek to discuss or opine on the merits or demerits of a positive neutral CCyB relative to other macroprudential measures or tools. Some jurisdictions may use tools other than the positive neutral CCyB to address similar risks based on their specific jurisdictional circumstances.