On 22 May 2024, the European Commission's Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) organised a technical workshop to launch a targeted consultation on macroprudential policies for non-bank financial intermediaries.

The event followed the adoption in January 2024 of the Commission report on the macroprudential review for credit institutions, the systemic risks and vulnerabilities of NBFI, and the interconnectedness with the banking sector. The report set out the Commission's intention to involve stakeholders in discussions on these issues in 2024. The objective of this increased stakeholder engagement – which also includes the targeted consultation – was to gather further insight into the markets and business models of NBFI, and the interconnectedness among them and with banks. It also aimed to identify gaps in the macroprudential framework and other factors that may contribute to the build-up of systemic risks in NBFI.

The objective of this technical workshop was to contribute to the international debate on macroprudential policies for NBFI, with a focus on

This event aimed to bring together representatives from EU and national authorities, non-EU country authorities, international organisations and industry. The event also featured an intervention by Commissioner Mairead McGuinness.