ESRB gives guidance on setting the CCB: ESRB has published a recommendation on guidance on setting CCB rates. The common starting point in deciding CCB rates should be the deviation of the ratio of credit- to-GDP from its long-term trend, although the recommendation also accepts the use of other quantitative and qualitative criteria. The recommendation also provides guidance on when the CCB should be maintained, reduced or fully released. ESRB has also published the analysis on operationalising the CCB that underpins the recommendation. (Source: ESRB Publishes CCB Recommendation)