Regulatory Alerts2016-12-21
CSSF Regulation No 16-15 on the Setting of the Countercyclical Buffer Rate for the First Quarter of 2017
The Commission de Surveillance du Secteur Financier issued Regulation No 16-15 on 21 December 2016 to establish the countercyclical buffer rate for the first quarter of 2017. This regulatory act formally sets the specific capital buffer requirements applicable to financial institutions during the specified period. The measure implements macroprudential policy adjustments to address systemic risks within the financial sector.
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