Policy Documents

Principles for Sound Compensation Practices

The Principles are intended to reduce incentives towards excessive risk taking that may arise from the structure of compensation schemes.

Recommendations for Addressing Procyclicality in the Financial System

The recommendations cover the following areas: the bank capital framework, bank loan loss provisions, and leverage and valuation.

Principles for Cross-border Cooperation on Crisis Management

The objective of financial crisis management is to seek to prevent serious domestic or international financial instability that would have an adverse impact on the real economy.

Principles for Cross-border Cooperation on Crisis Management

The objective of financial crisis management is to seek to prevent serious domestic or international financial instability that would have an adverse impact on the real economy. In so doing, authorities will be mindful of the impact interventions may have on the public purse and will, as far as possible: maintain incentives for financial institutions […]

Addressing Financial System Procyclicality: A Possible Framework

This note aims to provide an overall framework that could help evaluate policy options to address the procyclicality of the financial system. While the framework is general in nature, the note focuses exclusively on options for prudential and financial reporting arrangements and the associated risk management and incentives issues. It therefore excludes other possible policy […]

Joint FSF-BCBS Working Group on Bank Capital Issues – Reducing procyclicality arising from the bank capital framework

This note sets out recommendations to address the potential procyclicality of the regulatory capital framework for internationally active banks. Some of these recommendations are focused on mitigating the cyclicality of the minimum capital requirement, while maintaining an appropriate degree of risk sensitivity. Other measures are intended to introduce countercyclical elements into the framework. The recommendations […]

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