Countercyclical Capital Buffer

  • Luxembourg Countercyclical Capital Buffer Q4 2026: Year-End COREP

    On 1 October 2026 the CSSF published Regulation No 26-03, which keeps the Luxembourg countercyclical capital buffer at 0.50% for the fourth quarter of 2026. Dated 30 September and printed in Memorial A No 482, the regulation entered into force on its publication day, so the rate for relevant credit exposures located in Luxembourg through…

  • Swedish Countercyclical Capital Buffer: Riksbank Holds at 2%

    On 10 September 2026 the Riksbank decided to leave the Swedish countercyclical capital buffer at 2 per cent, the level it treats as neutral; the decision was published on 11 September. For a reporting team the headline is that the Swedish rate is unchanged at 2 per cent, so this decision itself does not introduce…

  • BCL Financial Stability Review 2026: The Luxembourg Risk Map

    On 21 August 2026 the Banque centrale du Luxembourg published its Financial Stability Review 2026, the central bank’s annual read on the systemic risks running through the Grand Duchy’s banks, insurers and investment funds. The BCL Financial Stability Review 2026 was closed editorially on 12 June 2026, and the most recent figures in it are…

  • Norway Countercyclical Buffer Held at 2.5%: Foreign-Bank Reciprocity

    Norges Bank’s Monetary Policy and Financial Stability Committee decided on 12 August 2026 to keep Norway’s countercyclical capital buffer rate unchanged at 2.5%, a decision the bank published on 13 August 2026. The Committee reached it unanimously. For a reporting officer the headline is that nothing in the number moves, but the calendar behind it…

  • PRA LIAF02/26: The Low-Impact Corrections That Bite on 1 January 2027

    On 29 July 2026 the Prudential Regulation Authority published PRA LIAF02/26, finalising its April 2026 Low Impact Amendments Consultation (LIAC01/26) plus minor corrections made without further consultation. The “low impact” label is supervisory housekeeping and easy to leave unread. The trap is that several of these corrections touch the exact PRA Rulebook Parts that UK…