Press Release

47th meeting of the Financial Market Stability Board

Austria’s Financial Market Stability Board (FMSB) held its 47th meeting on December 12, 2025, to dis-cuss recommendations on the countercyclical capital buffer and the sectoral systemic risk buffer for commercial real estate financing as well as its work program for 2026.

News

Recommendation FMSB/6/2025: guidance on applying the sectoral systemic risk buffer

The Financial Market Stability Board (FMSB) advises the Financial Market Authority (FMA) to raise the sectoral systemic risk buffer for commercial real estate financing to 3.5% of these exposures at the consolidated and unconsolidated level. The FMSB makes this recommendation on the basis of Article 23e Austrian Banking Act and no. 2 of the Annex to Article 23e.

News

Recommendation (FMSB/5/2025): guidance on applying the countercyclical capital buffer

The latest recommendation of Austria’s FMSB to the Financial Market Authority (FMA) is to leave the countercyclical capital buffer (CCyB) unchanged at a rate of 0% of risk-weighted assets.