2025-02-25
The Commission de Surveillance du Secteur Financier (CSSF) issued Circular 25/874 to implement the European Banking Authority's guidelines on liquidity stress testing. This document mandates the application of common reference parameters for stress test scenarios as defined in EBA/GL/2024/08. These requirements align with Article 45(4) of Regulation (EU) 2023/1114 to ensure standardized liquidity risk assessment practices across the sector.