FIN-FSA Board’s new macroprudential strategy clarifies the Board’s objectives in work promoting macroeconomic stability
The Board of the Financial Supervisory Authority has adopted a macroprudential strategy that will serve the work of the Board in its role as the national macroprudential policy decision-maker and help stakeholders better understand and assess the Board’s decisions.
The primary goal of macroprudential policy is to reduce the probability and harmful effects on the real economy of financial crises and other disruptions to the financial system and thereby to promote long-term economic growth. The strategy specifies objectives and official responsibilities as well as the measures by which macroeconomic stability can be achieved. The FIN-FSA Board evaluates annually the success of the policy it practices, the effectiveness of the available tools, and whether its strategy is sufficiently up to date.
For further information, please contact
- Marja Nykänen, Chair of the Board of the Financial Supervisory Authority, tel. +358 9 183 2007