These included the right to force Bankstobuild upextrareservesduringboomtimes, increaserisk-weightsonhigh-risklendersand impose loan-to-valueratios in the mortgagemarket.
With borrowing rates so high, loan-to-value ratios on houses can be twice as much as a home's marketvalue, whereas in a more balanced market they would be at 75%.
Key elements in this regard include countercyclical capital buffers, the implementation of more resilient financial market infrastructure, reductions in the variability of repo margins, and other macroprudential policies such as loan-to-value ratios in property markets.