Press Release

40th meeting of Austria’s Financial Market Stability Board

In its 40th meeting on March 12, 2024, the Financial Market Stability Board (FMSB) discussed the following topics, among others: commercial and residential real estate financing, the countercyclical capital buffer (CCyB), the 2023 annual report and the 2024 work program.

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Recommendation (FMSB/2/2024) for facilitating the management of the regulation for sustainable lending standards for residential real estate financing (KIM-V)

In its 40th meeting, the Financial Market Stability Board (FMSB) discussed the design of the exemption buckets in light of the latest data on lending standards and developments in relevant conditions, recommending that the FMA simplify the design of the exemption buckets in the regulation for sustainable lending standards for residential real estate financing (KIM-V).

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Recommendation FMSB/1/2024: guidance on applying the counter-cyclical capital buffer

The latest recommendation of Austria’s FMSB to the Financial Market Authority, in line with Article 23a para. 1 Austrian Banking Act, is to leave the countercyclical capital buffer unchanged at a rate of 0% of risk-weighted assets.