The aim is to reduce asymmetric information & risk premium, facilitate and increase financial access of the community, and facilitate financial institutions to obtain  1  2  World Bank report “Global Financial Inclusion Index“. BIS central bankers’ speeches  information on customer candidates/customers.
They help prevent the excessive build-up of risk, smoothen the financial cycle, and limit contagion. Some of the macroprudential tools are additional capital buffers, others are borrower-based tools, such as Loan-To-Value (LTV) caps. These have proven quite effective in many EU member states, e.g. by calming down the housing markets in Ireland, Norway and Sweden.