The Collaborative Market Data Network -
serving the Public interest of Transparency in Debt Capital Markets
The Collaborative Market Data Network
Serving Transparency in Capital Markets
The Collaborative
Market Data Network

TECHNICAL WORKSHOP ON MACROPRUDENTIAL POLICIES FOR NON-BANK FINANCIAL INTERMEDIATION (NBFI)

@ Brussels, Belgium

Date: 22nd May 2024
Location: Brussels, Belgium
Format: Workshop

Technical workshop on macroprudential policies for non-bank financial intermediation (NBFI)

On 22 May 2024, the European Commission's Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) will organise a technical workshop to launch a targeted consultation on macroprudential policies for non-bank financial intermediaries.

The event follows the adoption in January 2024 of the Commission report on the macroprudential review for credit institutions, the systemic risks and vulnerabilities of NBFI, and the interconnectedness with the banking sector. The report set out the Commission's intention to involve stakeholders in discussions on these issues in 2024. The objective of this increased stakeholder engagement – which also includes the targeted consultation – is to gather further insight into the markets and business models of NBFI, and the interconnectedness among them and with banks. It also aims to identify gaps in the macroprudential framework and other factors that may contribute to the build-up of systemic risks in NBFI.

The objective of this technical workshop is to contribute to the international debate on macroprudential policies for NBFI, with a focus on

  1. The impact of NBFI on financial stability in the EU and how to ensure effective monitoring and risk management for investment funds
  2. The role of macroprudential authorities in monitoring interconnectedness, deploying macroprudential tools and ensuring cross-border coordination within the EU
  3. International cooperation in the regulation and supervision of NBFI
  4. International experiences and evidence regarding macroprudential policies for NBFI

This event aims to bring together representatives from EU and national authorities, non-EU country authorities, international organisations and the industry. The event also features an intervention by Commissioner Mairead McGuinness.

Register for the event here.