Regulatory Alerts2023-06-30
CSSF Regulation No 23-02 of 30 June 2023 on the setting of the countercyclical buffer rate for the third quarter of 2023
The CSSF issued Regulation No 23-02 on 30 June 2023 to establish the countercyclical buffer rate for the third quarter of 2023. This regulatory act formally sets the specific capital buffer requirements applicable to financial institutions during this period. The document serves as the official directive for implementing the countercyclical buffer framework for the specified quarter.
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