IMF Staff Country Reports

Luxembourg: Financial Sector Assessment Program: Technical Note-Macroprudential Framework And Policies

August 28, 2017

Download PDF

Preview Citation

Format: Chicago

Luxembourg: Financial Sector Assessment Program: Technical Note-Macroprudential Framework And Policies, (USA: International Monetary Fund, 2017) accessed November 21, 2024

Summary

This Technical Note discusses the findings and recommendations made in the 2017 Financial Sector Assessment Program for Luxembourg in areas of macroprudential framework and policies. Luxembourg has a large financial system that contributes a significant share of GDP and is globally interconnected. The institutional arrangement is broadly appropriate for effective macroprudential policy, but some areas should be strengthened. The monitoring and analysis of systemic risks by the Banque Centrale du Luxembourg is appropriate and performed on a timely basis. The authorities are encouraged to continue to increase efforts to monitor risks related to the investment fund industry.

Subject: Financial institutions, Financial sector policy and analysis, Financial sector stability, Macroprudential policy, Mutual funds, Prices, Real estate prices, Systemic risk

Keywords: Counterparty risk, CR, CRS, CRS member, CRS report, Financial sector stability, Financial system, Global, Introduced UCITS risk reporting, Investment fund assets, Investment fund industry, Investment funds holding, ISCR, Luxembourg financial system, Luxemburg, Macroprudential policy, Market portfolio, Mutual funds, Real estate prices, Risk, Risk analysis, Risk dashboard, Risk monitoring, Systemic risk

Publication Details

  • Pages:

    32

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2017/256

  • Stock No:

    1LUXEA2017005

  • ISBN:

    9781484316764

  • ISSN:

    1934-7685