Luxembourg: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, Securities Regulation, Insurance Regulation, and Payment Systems
IMF Staff Country Reports, June 17, 2002
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- Luxembourg: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, Securities Regulation, Insurance Regulation, and Payment Systems
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Bibliographic details
- Published: June 17, 2002
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451824261.002
Executive summary and principal findings
- Luxembourg’s financial sector is robust, efficient, and well supervised.
- No major weaknesses that could cause systemic risks were identified by the mission.
- The strength and efficiency of the financial sector is fully supported by the strong conformance by Luxembourg with international supervisory and regulatory standards.
- Stress tests were prepared under extreme assumptions and support the assessment of resilience.
Coverage and scope
- Presents Luxembourg’s Financial System Stability Assessment.
- Includes Reports on the Observance of Standards and Codes for:
- Monetary and Financial Policy Transparency
- Banking Supervision
- Securities Regulation
- Insurance Regulation
- Payment Systems
Subjects and keywords (as listed)
- Subjects: Banking, Commercial banks, Economic sectors, Financial institutions, Financial sector, Financial sector policy and analysis, Insurance, Insurance companies, Stress testing
- Keywords: banking sector, banking system, central bank, Commercial banks, country risk, CR, credit risk, Europe, Financial sector, financial situation, Insurance, Insurance companies, insurance sector, interest rate, intermediaries company, investment funds, ISCR, Luxembourg bank, Luxembourg market, Luxembourg reinsurance sector, payment system, Stress testing
International Monetary Fund — Luxembourg: Financial System Stability Assessment (IMF Staff Country Report No. 2002/116, June 17, 2002).