Macroprudential

FIN-FSA’s macroprudential decisions

Period Date of decision Countercyclical capital
buffer (CCyB)		 Maximum loan to value (LTV) ratio for housing loans (loan cap) Articles 124 and 164 of Capital Requirements Regulation: risk weights for loans secured by mortgages on immovable property Article 458 of the Capital Requirements Regulation: stricter national measures to address macroprudential or systemic risk G-SII or O-SII buffers, i.e. buffers for global or other systemically important banks Systemic risk buffer requirement imposed on the basis of the structural characteristics of the financial system
Q3/2024 30 September 2024 Set at 0.0%   Not introduced     Sectoral systemic risk buffer rate of 7.0 % set by Erhvervsministeriet (Denmark) reciprocated to be applied to balance sheet items located in Denmark as of 1 Jan 2025.
Q2/2024 26 June 2024 Set at 0.0%   Not introduced   Additional capital requirement (O-SII buffer) set for three credit institutions,  effective 1 Jan 2025.  
Q1/2024 27 March 2024 Set at 0.0%   Not introduced      
Q4/2023 19 December 2023 Set at 0.0% Restored to 90% for others than first time home buyers. Remains at 95% for first-home loans. Not introduced Sweden’s risk weight floor for mortgages  continued. Applicable as of 31 Dec 2023.    
Q3/2023 27 September 2023 Set at 0.0%   Not introduced Sweden’s risk weight floors for corporate credit secured by real estate collateral approved. Applicable as of 30 Sept 2023.    
Q2/2023 28 Juni 2023 Set at 0.0%   Not introduced     Systemic risk buffer rate of 4.5 percent set by Finansdepartementet (Norway) reciprocated partially (3.5 %) to be applied to balance sheet items located in Norway as of 1 July 2024. 
Q1/2023 29 March 2023 Set at 0.0%   Not introduced     Set for all credit institutions at 1.0%. In force 1 April 2024.
  28 February 2023       Norway’s risk weight floors continued. Applicable as of 28 February 2023.    
Q4/2022 16 December 2022 Set at 0.0%   Not introduced      
Q3/2022 28 September 2022 Set at 0.0%   Not introduced      
Q2/2022 27 June 2022 Set at 0.0%   Not introduced   Additional capital requirement (O-SII buffer) set for three credit institutions,  effective 1 Jan 2023.  
Q1/2022 31 March 2022 Set at 0.0%   Not introduced      
Q4/2021 16 December 2021 Set at 0.0%   Not introduced      
Q3/2021 23 September 2021 Set at 0.0%   Not introduced      
  19 August 2021       Norway’s risk weight floors approved. Applicable as of 11 Sept 2021.    
Q2/2021 28 June 2021 Set at 0.0% ​Maximum LTV lowered to 85% for others than first time home buyers. In force 1 October 2021. Remains at 95% for first-home loans. Not introduced   Additional capital requirement (O-SII buffer) set for three credit institutions,  effective immediately.  
Q1/2021 18 March 2021 Set at 0.0%   Not introduced      
  18 February 2021       Sweden’s risk weight floor continued. Applicable as of 30 Dec 2020.    
Q4/2020 18 December 2020 Set at 0.0%   Not introduced      
Q3/2020 30 September 2020 Set at 0.0%   Not introduced Decision not to renew minimum risk weight    
Q2/2020 29 June 2020 Set at 0.0% Restored to 90% for others than first time home buyers. Remains at 95% for first-home loans. Not introduced      
  6 April 2020         OP Group's O-SII buffer requirement changed. Removed for all credit institutions. 
Q1/2020 17 March 2020 Set at 0.0%   Not introduced      
Q4/2019 13 December 2019 Set at 0.0%   Not introduced      
Q3/2019 27 September 2019 Set at 0.0%   Not introduced      
Q2/2019 28 June 2019 Set at 0.0%   Not introduced Conditional decision regarding minimum risk weight   A systemic risk buffer set for three credit institutions at a higher level and for other credit institutions at 1%, in force 1 July 2020.
Q1/2019 23 March 2019 Set at 0.0%   Not introduced      
Q4/2018 20 December 2018 Set at 0.0%     Sweden’s risk weight floor approved. Applicable as of 31 Dec 2018. Nordea’s G-SII buffer requirement repealed as of 1 Jan 2020.  
Q3/2018​​ 26 September 2018 Set at 0.0%   Not introduced      

Q2/2018

 29 June 2018 Set at 0.0%   Not introduced  

G-SII buffer set for Nordea on a conditional basis, in force 1 January 2020.

Additional capital requirement (O-SII buffer) set for three credit institutions on a conditional basis, in force 1 January 2019.

 ​A systemic risk buffer set for three credit institutions at a higher level and for other credit institutions at 1%, in force 1 July 2019.

Q1/2018 

 19 March 2018/
28 March 2018		 Set at 0.0% ​Maximum LTV lowered to 85% for others than first time home buyers. In force 1 July 2018. Remains at 95% for first-home loans. Not introduced     Systemic risk buffer rate of 1% set by Eesti Pank reciprocated to be applied to balance sheet items located in Estonia as of 1 January 2019.

Q4/2017​

 21 December
2017		 Set at 0.0%   ​Not introduced Conditional decision regarding minimum risk weight Additional capital requirement (O-SII buffer) set for four credit institutions, in force 1 July 2018.  
Q3/2017​ 26 September 2017 Set at 0.0%   ​Not introduced In force 1 January 2018    
Q2/2017 27 June 2017 Set at 0.0%   ​Not introduced Conditional decision regarding minimum risk weight    
Q1/2017​ 28 March 2017 Set at 0.0%   ​Not introduced Preparations ongoing    
Q4/2016​ 21 December 2016 Set at 0.0%   ​Not introduced Preparations ongoing    
Q3/2016​ 27 September 2016 Set at 0.0%   ​Not introduced Preparations ongoing    
Q2/2016​ 14 June 2016 Set at 0.0%   ​Not introduced Preparations ongoing    
Q1/2016​​ 22 March 2016 Set at 0.0%   ​Not introduced ​Not applied    
Q4/2015​ 21 December 2015 Set at 0.0%   ​Not introduced ​Not applied    
Q3/2015 ​​29 September 2015 Set at 0.0%   ​Not introduced ​Not applied    

Q2/2015​

 6 July 2015         ​Additional capital requirement (O-SII buffer) set for four credit institutions, in force 7 January 2016.  
Q2/2015​ 30 June 2015 Set at 0.0%   ​Not introduced ​Not applied    
Q1/2015​ ​16 March 2015 Set at 0.0%   ​Not introduced ​Not applied