Regulatory Alerts2017-12-28
Added · Updated
CSSF Regulation No 17-05 on the Countercyclical Buffer Rate for Q1 2018
The countercyclical buffer rate applicable to relevant exposures located in Luxembourg is maintained at 0% for the first quarter of 2018. This decision is based on indicators showing no excessive growth of credit granted to the economy, including a credit-to-GDP ratio deviation of -0.4% and a buffer guide set at 0%. The regulation enters into force on 1 January 2017.
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