Regulatory Alerts2023-01-02
Added · Updated
CSSF Regulation No 22-08 on the Countercyclical Buffer Rate for Q1 2023
The countercyclical buffer rate applicable to relevant exposures located in Luxembourg remains set at 0.50% for the first quarter of 2023. This rate applies to Luxembourg risk-weighted assets and is based on indicators documented in Annex 1, including a credit-to-GDP ratio of 100.1% and a gap of -5.8% in the third quarter of 2022. The regulation enters into force on the day of its publication in the Journal officiel du Grand-Duché de Luxembourg.
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