Luxembourg Financial System Stability Assessment

This paper evaluates the stability of the financial system of Luxembourg. Financial soundness indicators for Luxembourg’s financial system, which plays a key role in the intermediation of financial capital, have remained relatively robust in recent years. Following rising asset prices and inflows, t...

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Bibliographic Details
Corporate Author: International Monetary Fund Monetary and Capital Markets Department
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2017
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Luxembourg  |b Financial System Stability Assessment 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2017 
300 |a 70 pages 
651 4 |a Luxembourg 
653 |a Insurance companies 
653 |a Depository Institutions 
653 |a State supervision 
653 |a Institutional Investors 
653 |a Pension Funds 
653 |a Banks 
653 |a Finance 
653 |a Industries: Financial Services 
653 |a Banks and banking 
653 |a Financial sector policy and analysis 
653 |a Financial institutions 
653 |a Financial Instruments 
653 |a Micro Finance Institutions 
653 |a Liquidity stress testing 
653 |a Financial Institutions and Services: Government Policy and Regulation 
653 |a Mortgages 
653 |a Non-bank Financial Institutions 
653 |a Financial risk management 
653 |a Banks and Banking 
653 |a Financial regulation and supervision 
653 |a Banking 
653 |a Mutual funds 
653 |a Financial services law & regulation 
653 |a Finance: General 
653 |a Liquidity requirements 
653 |a Stress testing 
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520 |a This paper evaluates the stability of the financial system of Luxembourg. Financial soundness indicators for Luxembourg’s financial system, which plays a key role in the intermediation of financial capital, have remained relatively robust in recent years. Following rising asset prices and inflows, the investment fund industry has enjoyed strong growth in assets under management, while exposure to liquid assets has remained steady. An assessment of the financial system’s ability to withstand severe but plausible shocks suggests a good deal of resilience, albeit with some risks. Insurance stress test results indicate that strong initial levels of capital and low guaranteed product exposure offer insulation against market shocks