BBA briefing on Instruments of Macroprudential Policy1
13/02/2012

This briefing presents the British Bankers’ Association’s views on the Financial Policy Committee’s (FPC) initial analysis of possible directive macroprudential tools.

Our briefing begins by updating our thinking on the role, objectives and purpose of the FPC before: considering the sources and indicators of systemic risk; critiquing the criteria proposed to assess the merits of different tools; and offering our analysis of the potential macroprudential instruments.

We hope this briefing is found useful and would welcome any comments – please direct any emails to Adam Cull.