responsible for the macroprudential oversight of risks to the stability of the European Union financial system. In its first … macroprudential tools incorporated into European Union banking legislation, the euro area sovereign debt crisis, the United Kingdom … objectives, helping identify and analyse systemic risks and vulnerabilities and advise on and coordinate national macroprudential …

developments on the growth-at-risk methodology and the literature on the impact of macroprudential policy. For this purpose, I … warning properties of systemic risk, and macroprudential measures. I identify heterogeneous effects of macroprudential policy … on GDP growth, uncovering important benefits on the left tail of its distribution. The positive effect of macroprudential …

’s financial stability function has increased markedly, in parallel with the growth of macroprudential policy and driven by the … vulnerabilities and national macroprudential policies in the banking union. Lastly, an overview is provided of the main ECB …

An important goal of financial risk regulation is promoting coordination. Law's coordinating function minimizes costly … often less well understood. Expanding the scope of regulation beyond individual firms - taking into account the collective …