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EBA issues opinion on measures to address macroprudential risk following notification by Finnish FSA

2 August 2019

On 30 July 2019, the European Banking Authority (EBA) published an Opinion following the notification by the Finnish Financial Supervisory Authority (FIN-FSA) of its intention to extend a measure introduced in 2017 regarding the use of Article 458 of the Capital Requirements Regulation (CRR).

The measure is primarily driven by persistent macroprudential risks in the Finnish economy related to residential mortgage loans and residential mortgage indebtedness.

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