Financial Stability Newsroom

The European Central Bank (ECB) has published the Financial Stability Review, May 2022. Overview: Financial market and macroeconomic conditions in the EU have deteriorated and/or show signs of further deterioration: Energy and commodity price shock increase risks to economic growth, inflatio ...

The International Monetary Fund (IMF) has published the World Economic Outlook April 2022 showing  the latest world economic projections for  a broad range of  macroeconomic indicators. Key outcomes: Global growth is projected to contract from an estimated 6.1% in 2021 to 3.6% in 2022 an ...

The Network for Greening the Financial System (NGFS) discusses in this report (March 2022) on the role that central banks and supervisors need to play with regard to the financial and economic risks stemming from biodiversity loss, setting out the links between biodiversity loss and the macroeconomi ...

On 31 March 2022, the ESRB published  the concept note titled Review of the EU Macroprudential Framework for the Banking Sector. This concept note discusses the main challenges to be addressed and setting out what in the ESRB’s view needs to be done to ensure that the macroprudential rules for ba ...

The MFSA, together with the Central Bank of Malta have re-confirmed Bank of Valletta p.l.c., HSBC Bank Malta p.l.c., MDB Group Limited, and APS Bank p.l.c. as Other Systemically Important Institutions (O-SIIs) and communicated the corresponding capital buffer rate each must meet. Credit Insti ...

The main purpose of this report is to provide an update, at a micro level, of the liquidity stress testing of investment funds carried out for the first time by the Authority in 2020. While most of the methodology remains unchanged, some modifications are applied to overcome certain shortcomings tha ...

The Bank for International Settlements (BIS) has published its BIS Quarterly Review December 2021, which includes the paper ‘Non-bank financial sector: systemic regulation needed’. This edition includes also other reports and special features, from which of special relevance for systemic risk ...

This study aims to contribute to the growing strand of literature on climate transition risk by estimating the short-term implications of a carbon taxation on the investment portfolios of the Maltese financial system. Adopting a static balance sheet assumption, this research study quantifies the fin ...

The Domestic Insurance Stress Test represents the first step by the MFSA’s Financial Stability function to assess the domestic insurance sector resilience to an adverse scenario, triggered by an interest rate shock. Insurance undertakings’ vulnerabilities are assessed from a macro-prudential per ...

The International Monetary Fund (IMF) has published the Global Financial Stability Report (October 2021). This report indicates that global financial stability risks have been contained so far, reflecting ongoing policy support and a rebound in the global economy earlier this year. A very brief s ...