The Banco de España resolves to reciprocate a macroprudential measure approved by the Banca d’Italia
- The Banco de España has decided to reciprocate a Banca d’Italia macroprudential measure requiring a systemic risk buffer (SyRB), with effect from 31 December 2024.
- As a result, two banking groups must comply with a SyRB requirement because of their credit risk exposures and counterparty credit risk exposures in Italy.