Macroprudential Regulation

Roman Kornyliuk () and Olena Primierova ()
Additional contact information
Roman Kornyliuk: Kyiv National Economic University named after Vadym Hetman, Department of Banking and Insurance
Olena Primierova: National University of Kyiv-Mohyla Academy, Department of Finance

Chapter 5 in Financial Stability and Financial Shocks, 2026, pp 117-141 from Springer

Abstract: Abstract This chapter develops a system-wide perspective on financial stability and explains why macroprudential regulation must complement microprudential supervision and macroeconomic policy. It clarifies definitions and intermediate objectives, links them to the buildup and transmission of systemic risk, and maps the post-2008 institutional architecture. The core toolkit is presented with emphasis on design, calibration, and the order of implementation: сapital-based macroprudential tools, liquidity-based macroprudential tools, and borrower-based macroprudential measures. A dedicated section shows how system-wide stress testing supports buffer calibration, sectoral risk assessment, and forward-looking communication. Applications to Ukraine illustrate the evolution of the NBU’s mandate and its coordination within the Financial Stability Council, alongside gradual convergence toward EU requirements.

Keywords: Financial system; Bank; Nonbank financial institution; Financial market; Financial regulator; Central bank (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-032-14636-6_5

Ordering information: This item can be ordered from
http://www.springer.com/9783032146366

DOI: 10.1007/978-3-032-14636-6_5

Access Statistics for this chapter

More chapters in Contributions to Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().