European countries revolutionize financial stability with new macroprudential supervision frameworks.
Macroprudential policy is important for countries to manage risks in their financial systems. European countries are working on creating national frameworks for this policy. They are setting up institutions and tools to supervise and intervene in the financial system when needed. Some countries already have experience with using these tools, like setting capital or liquidity requirements. Hungary's framework is similar to these practices and seems well-organized.