Regulatory Alerts2023-10-09
CSSF Regulation No 23-04 on the Countercyclical Buffer Rate for Q4 2023
The Commission de Surveillance du Secteur Financier issued Regulation No 23-04 on 30 September 2023 to establish the countercyclical buffer rate for the fourth quarter of 2023. This regulatory measure directly impacts financial institutions by defining the specific capital buffer requirements applicable during this period. The document serves as the official mandate for implementing these macroprudential tools to ensure financial stability.
Published on 9 October 2023
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CSSF regulation
on the setting of the countercyclical buffer rate for the fourth quarter of 2023
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