## Kingdom of the Netherlands-Netherlands: Financial Sector Assessment Program:: Technical Note-Macroprudential Policy Framework

_IMF Staff Country Reports, April 13, 2017_

## Source details

**Canonical URL:** [Kingdom of the Netherlands-Netherlands: Financial Sector Assessment Program:: Technical Note-Macroprudential Policy Framework](https://www.imf.org/en/publications/cr/issues/2017/04/13/kingdom-of-the-netherlands-netherlands-financial-sector-assessment-program-technical-note-44818)

## Other formats

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## Bibliographic details
- Published: April 13, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475593969.002

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### Institutional arrangements
- Authorities have strengthened the institutional arrangement for macroprudential policy by enhancing the Netherlands Bank’s legal mandate.
- The Financial Stability Committee (FSC) has been established to support macroprudential governance.
- Assessment: institutional reforms have improved the framework, but "there is room for improvement."

### Analysis of systemic vulnerabilities
- The authorities’ analysis of systemic vulnerabilities is described as "sophisticated and timely."
- Ongoing monitoring implies attention to potential buildup of systemic risks in the financial system.

### Use of macroprudential instruments and recommendations
- Authorities have been using the range of macroprudential instruments at their disposal.
- Finding: "further tightening will be necessary to contain a potential buildup of systemic risk in the financial system."
- Policy implication: continue deploying and, where appropriate, tighten macroprudential tools to mitigate systemic risk, with the FSC and DNB playing central roles in implementation and communication.

### Subject focus and keywords
- Subject: Financial institutions; Financial sector policy and analysis; Financial sector stability; Macroprudential policy; Macroprudential policy instruments; Mortgages; Systemic risk
- Keywords included: AFM project team; CR; delinquency ratio; DNB staff; DNB's communications; DSTI ratio; Europe; Financial sector stability; FSC issues warning; interest rate; ISCR; Macroprudential policy; Macroprudential policy instruments; mortgage loan; Mortgages; Systemic risk

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr1793.pdf.md){rel="alternate" type="text/markdown"}
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_Source: https://www.imf.org/en/publications/cr/issues/2017/04/13/kingdom-of-the-netherlands-netherlands-financial-sector-assessment-program-technical-note-44818_