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The World Bank's Financial Sector Advisory Center (FinSAC) hosted a workshop on “Macroprudential Policymaking in Emerging Europe” on June 2, 2016 in Vienna. Participants and speakers included senior financial stability experts of central banks and regulatory agencies from seventeen countries in Europe as well as from FinSAC, the Joint Vienna Institute, the Bank of International Settlements and the European Central Bank.

The workshop aimed at bringing together the community of financial stability practitioners (typically heads of central bank financial stability departments) in FinSAC client countries and showing them how this practice is evolving in EU countries and institutions, in particular in some new EU Member States and in the ECB.

The event provided a forum for exchanging views on the practical challenges the financial stability community faces and the solutions various countries had found to address them. It raised awareness in FinSAC client countries of forthcoming challenges in macroprudential analysis, by showing the examples of certain new EU Member States.

The workshop’s content was organized into three sessions covering the most important aspects of macroprudential frameworks:

i) the institutional set-up
ii) the policy instruments
iii) the analytical capacity

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CONTACT: Ms. Nurgul Irsalieva,
Tel: +43 12170761, E-mail: nirsalieva@worldbank.org