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Minutes of the Financial Stability Committee September meeting

The minutes of the Financial Stability Committee meeting 22 and 26 – 27 September 2022 has been published. The Committee discussed the current situation and outlook for financial stability and the principal risks to financial stability, such as economic developments, risks faced by financial institutions and the financial system, developments in domestic financial markets, household and corporate debt, the real estate market, and financial institutions’ capital position.

In its quarterly review of the countercyclical capital buffer (CCyB), the FSN decided to hold the buffer unchanged. The FSN had decided in September 2021 to increase the buffer from 0% to 2%, which became effective 29 September 2022. The Committee reiterated the importance of enhancing security in domestic payment intermediation and expediting the implementation of an independent retail payment solution.

See the minutes here: Minutes of the Financial Stability Committee meeting (14th meeting). Published 26 October 2022.

See further information on the committee here.