Macroprudential policy measures fall into the following three broad categories (Table 1): (i) credit controls including caps on ratios of LTV and of debt-to-income (DTI) and on foreign currency lending as well as ceilings on credit or credit growth; (ii) liquidity regulations that place limits on net open currency positions or currency mismatches and on maturity mismatches while establishing reserve requirements; and (iii) capital requirements including countercyclical capital requirements, time-varying and dynamic provisioning, and restrictions on profit distribution