Regulatory Alerts2017-03-06
Added · Updated
CSSF Regulation No 17-01 on the countercyclical buffer rate for the second quarter of 2017
The regulation maintains the countercyclical buffer rate applicable to relevant exposures located in Luxembourg at 0% for the second quarter of 2017. This decision is based on indicators showing no excessive growth of credit granted to the economy, including a credit-to-GDP ratio deviation of -4.4% and a buffer guide set at 0%. The regulation enters into force on 1 January 2017.
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