The ESRB macroprudential measures database

This paper describes the new European Systemic Risk Board (ESRB) database that contains information about the macroprudential measures applied by the authorities in the Member States of the European Union and in two countries of the European Economic Area. The database currently covers mainly measures related to the banking sector, namely: i) capital buffers (i.e. CCoB, CCyB, the SRB, and G-SII and O-SII buffers); ii) reciprocation (recognition) measures; and iii) other measures. Information on how the measures have been applied dates back to the early 2000s. However, the database focuses primarily on the period since 2014, when the Capital Requirements Directive IV and the Capital Requirements Regulation came into force, setting a milestone in the development of a macroprudential policy framework in the European Union. More recently the ESRB has increasingly devoted work on macroprudential policy beyond the banking sector and, in principle, the content of the database is expected to reflect this in future.