Strengthening risk monitoring and policy for non-bank leverage

Michael Grill, Luis Molestina Vivar, O’Donnell, Charles, Michael Wedow and Christian Weistroffer

Macroprudential Bulletin, 2025, vol. 26

Abstract: Leverage in the non-bank financial intermediation (NBFI) sector can be a source of systemic risk and amplify stress in the wider financial system. Policymakers are currently considering ways to address NBFI leverage risks, with the focus on containing the build-up of such risks ex ante. To achieve this, authorities need a broad toolkit that allows them first to identify leverage risks and then to address them. Taking advantage of recent improvements in data availability, this edition of the Macroprudential Bulletin explores novel approaches to identifying risks and designing policies. In doing so, it contributes to the wider ongoing debate on addressing risks from NBFI leverage. JEL Classification: G11, G15, G23

Keywords: Leverage; non-bank financial intermediation (search for similar items in EconPapers)
Date: 2025-01
Note: 1280809
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