Table 3 The structure of the iMaPP index
Borrower-targeted macroprudential measures | Financial institution-targeted measures |
|---|---|
LTV (Loan-to-value ratio) | CCB (Countercyclical capital buffer) |
DSTI (Debt-service-to-income ratio) | Conservation (Capital conservation buffer) |
Capital (Capital requirements for banks) | |
LVR (A limit on leverage of banks) | |
LLP (Loan loss provision) | |
LCG (Limits on growth or the volume of aggregate credit) | |
LoanR (Loan limits and prohibitions conditioned on loan characteristics, bank characteristics, and other factors) | |
LFC (Limits on foreign currency lending) | |
Tax (Taxes and levies applied to specified transactions, assets, or liabilities) | |
Liquidity (Measures taken to mitigate systemic liquidity and funding risks) | |
LTD (Limits to the loan-to-deposit (LTD) ratio and penalties for high LTD ratios) | |
LFX (Limits on net or gross open foreign exchange (FX) positions, limits on FX exposures and FX funding, and currency mismatch regulations) | |
RR (Reserve requirements for macroprudential purposes) | |
SIFI (Measures taken to mitigate risks from global and domestic systemically important financial institutions) | |
Other (Macroprudential measures not captured in the above categories, e.g., stress testing, restrictions on profit distribution, and structural measures) |