FIN-FSA’s macroprudential decisions

Period Date of decision Countercyclical capital
buffer (CCB)
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
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 Nordea’s G-SII buffer requirement repealed as of 1 Jan 2020.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. Not introduced     Systemic risk buffer rate of 1 % set by Eesti Pank resiprocated 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