Instruments

Overview of macroprudential supervision’s instruments set out in Austrian Banking Act (BWG).

Effective from 1st January 2014

  • Systemic Risk Buffer
    (pursuant to Art. 23e of the Austrian Banking Act - BWG in conjunction with Art. 133 CRD)
  • Measures to limit systemic risk (“national flexibility package”)
    (pursuant to Art. 23g BWG in conjunction with Art. 458 CRR)
  • Measures on exposures secured by immovable property
    (pursuant to Art. 124 CRR and Art. 164 CRR)


Effective from 1st January 2016

  • Capital Conservation Buffer
    (pursuant to Art. 22 BWG in conjunction with Art. 129 CRD)
  • Countercyclical Capital Buffer
    (pursuant to Art. 23a BWG in conjunction with Art. 130 CRD)
  • Capital Buffer for Global Systemically Important Institutions
    (pursuant to Art. 23c BWG in conjunction with Art. 131 CRD)
  • Capital Buffer for Systemically Important Institutions
    (pursuant to Art. 23d BWG in conjunction with Art. 131 CRD)

Effective from 1st July 2018

  • Measures for the limitation of systemic risks in real estate financing
    (pursuant to Art. 23h BWG)