35. For the purposes of paragraph 33, relevant authorities should in particular: a. ensure that the …

For the purposes of paragraph 33, relevant authorities should in particular:

• a. ensure that the risks being addressed by the application of a sectoral SyRB determined in accordance with these guidelines are clearly and thoroughly defined;
• b. take into account and specify, when they are planning to introduce a sectoral SyRB, the interaction with other active macro-prudential measures in order to avoid activating the SyRB in an unwarranted manner for risks that have already been addressed by those macroprudential measures;
• c. avoid unwarranted interactions that may emerge between SyRBs if the same systemic risks are targeted by multiple SyRBs (sectoral and/or broader SyRBs) or where the same element for the identification of a subset of sectoral exposures is used in multiple sectoral SyRBs.

7.2. Reciprocity

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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