Abundant Liquidity and Bank Lending Activity: an Assessment of the Risks
This paper assesses the risks facing the euro area banking system, as it returns to normal financial conditions without ECB support. In the first part we argue that risks to bank lending mainly stem from the transmission of external monetary policy effects that may not be aligned with ECB policies. The second part of the paper therefore offers some ideas on the need to moderate spillover effects from outside monetary policies or events. We also review how far new prudential policies, regulatory measures and/or policies can be used to mitigate those unfavourable risks. This document was provided by Policy Department A at the request of the Economic and Monetary Affairs.
Analyse approfondie
Auteur externe
Andrew HUGHES HALLETT
À propos de ce document
Type de publication
Domaine politique
Mot-clé
- banque centrale
- contrôle de liquidité
- DROIT
- droit civil
- droit de l'Union européenne
- ENTREPRISE ET CONCURRENCE
- FINANCES
- gestion administrative
- gestion du risque
- institution financière
- institutions financières et crédit
- libre circulation des capitaux
- norme technique
- politique monétaire
- PRODUCTION, TECHNOLOGIE ET RECHERCHE
- relations monétaires
- risque financier
- réglementation financière
- solvabilité financière
- technologie et réglementation technique
- union bancaire de l’UE
- UNION EUROPÉENNE
- zone euro
- économie monétaire
- élaboration du droit de l'UE