The Bank of Finland plays an important role in macroprudential policy analysis, preparation and implementation.
The purpose of macroprudential policy is to safeguard the operational capacity of the financial system by identifying factors that threaten the entire system and by taking timely and appropriate action. This involves, for example, the setting of a maximum loan-to-collateral ratio (loan cap) for residential mortgage loans, and instruments like the countercyclical capital buffer.
The Bank of Finland supports confidence in the financial system by, for example, participating in the analysis and preparation of macroprudential policy and decision-making in Finland, in the euro area and the European Union and by participating actively in the development of macroprudential policy tools.
In addition, the Bank develops the necessary crisis management capabilities in cooperation with domestic and international authorities and supports the development of financial regulation and supervision.
The Bank of Finland’s Statistics unit participated actively in 2018 in the Eurosystem's key development projects. It launched a machine-learning project in the quality control of statistics and published new data on peer-to-peer funding and crowdfunding, private equity funds and banks’ market shares.