Search

The European Banking Authority (EBA) provided its opinion to the European Commission about the intention by the Austrian Financial Market Authority (FMA) to increase the level of an existing sectoral systemic risk buffer to address risks in the Austrian commercial real estate market. This measure would result in the sum of the other systemically important institutions (O-SII) buffer rate and the combined systemic risk buffer rate exceeding 5% for the targeted exposures of a subset of banks. The EBA does not object to it.