The European Commission has published the responses received to its consultation on the review of the EU macro-prudential framework, together with a feedback statement. The feedback statement provides an overview of the responses regarding the instruments in the Capital Requirements Directive IV (CRD IV) and the Capital Requirements Regulation (CRR) and summarises the responses regarding the macro-prudential instruments in CRD IV/CRR, the reciprocation requirements, the adequacy of macro-prudential instruments for banks, macro-prudential policy beyond banks, the pecking order and activation mechanism, the co-ordination between authorities, and the mandate and organisational structure of the European Systemic Risk Board.

View European Commission responses to the consultation on review of EU macro-prudential framework, 21 December 2016

View European Commission feedback statement on the consultation on review of EU macro-prudential framework, 21 December 2016