The Financial Market Stability Board (FMSG; Finanzmarktstabilitätsgremium) held its 44th meeting on 26 February 2025. The main issues discussed were the countercyclical capital buffer, which remains unchanged at 0%, as well as sustainable lending standards for residential real estate loans. The FMSG’s press release can be found on the Board’s website (in German only).
https://fmsg.at/publikationen/presseaussendungen/2025/44te-sitzung.html
About the FMSG
The FMSG was established after the global financial crisis for promoting financial market stability. Its core task is to counteract threats to financial market stability. It issues recommendations to the Austrian Financial Market Authority (FMA) and risk warnings. The FMSG is composed of representatives of the Oesterreichische National Bank, the FMA, the Federal Ministry of Finance and the Fiscal Council.