This rephrasing made it easier to follow the strategy of increasing the buffer in 'good times' as it is difficult to detect changes in the risk build-up from quarter to quarter. In addition, the timing was narrowed down to a certain quarter. The changed wording was maintained in the next recommendations.
The third recommendation on increasing the buffer rate to 1.5 per cent was published in March 2019. 29 Due to the general election, the deadline for complying with the recommendation was delayed a few days. However, the new Minister followed the recommendation.