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Source: European Banking Authority

Headline: EBA issues Opinion on measures to address macroprudential risk following notification by De Nederlandsche Bank (DNB)

The European Banking Authority (EBA) published today an Opinion following the notification by the Central Bank of the Netherlands (De Nederlandsche Bank – DNB) of its intention to modify capital requirements in order to address an increase in macroprudential risk. Based on the evidence submitted by the DNB, the EBA does not object to the adoption of the proposed measure, which is based on Article 458 (2) of the Capital Requirements Regulation (CRR). This new measure aims at enhancing the resilience of the Dutch banking sector to a potential severe downturn in the residential real estate market against the background of sustained price increases in real estate over the past few years.

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