The main objective of the Report is to inform on the macroprudential measures taken by the NCMO with a view to safeguarding the stability of the national financial system.
The General Board of the National Committee for Macroprudential Oversight (NCMO) convened on 6 June 2019 for its third meeting of the year. During the meeting, Board members discussed issues focusing on macroprudential policy such as: (i) the regular analysis on the recalibration of the countercyclical capital buffer; (ii) the draft 2018 Annual Report of the National Committee for […]
the conclusions of the inter-institutional group comprising representatives of the Ministry of Public Finance and of the National Bank of Romania with regard to Government Emergency Ordinance No. 114/2018 instituting certain measures in the public investment field and certain fiscal and budgetary measures, amending and supplementing some normative acts and extending some deadlines (GEO 114/2018) were presented during the meeting
NCMO members decided to set up a working group of the NCMO Technical Committee, comprising representatives of the Ministry of Public Finance and of the NBR.
Discussions referred to macroprudential policy matters, such as the regular analysis on the recalibration of the countercyclical capital buffer, the appropriateness of reciprocating the macroprudential measure adopted by Belgium, the impact of credit institutions’ funding plans on the flow of credit to the real economy....
discussions referred to macroprudential policy matters, such as the capital buffers and the implementation of recommendations on macroprudential policy and systemic risk laid down in the IMF’s “Romania: Financial Sector Assessment Program”