01818cas a2200241 a 4500 AALejournalIMF017645 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484300374 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Luxembourg : Financial System Stability Assessment. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (70 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/122 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/122/002.2017.issue-122-en.xml IMF e-Library