ESRB delivers advice on macro-prudential rules: ESRB has responded to the Commission's call for advice on the macro-prudential provisions in the fourth Capital Requirements Directive and Regulation (CRD4/CRR). The analysis is conceptual, focused on the scope of the different buffers available, although ESRB notes some examples of use of macro-prudential measures and the fact that ESRB is already using its role of assessing their spill-over effects. (Source: ESRB Advice on Macro-prudential Rules