01783cas a2200241 a 4500 AALejournalIMF020266 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498341714 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. Key Aspects of Macroprudential Policy : Background Paper. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (63 pages) Policy Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The countercyclical capital buffer (CCB) was proposed by the Basel committee to increase the resilience of the banking sector to negative shocks. The interactions between banking sector losses and the real economy highlight the importance of building a capital buffer in periods when systemic risks are rising. Basel III introduces a framework for a time-varying capital buffer on top of the minimum capital requirement and another time-invariant buffer (the conservation buffer). The CCB aims to make banks more resilient against imbalances in credit markets and thereby enhance medium-term prospects of the economy-in good times when system-wide risks are growing, the regulators could impose the CCB which would help the banks to withstand losses in bad times. Mode of access: Internet Policy Papers; Policy Paper ; No. 2013/080 Full text available on IMF http://elibrary.imf.org/view/journals/007/2013/080/007.2013.issue-080-en.xml IMF e-Library