01912cas a2200241 a 4500 AALejournalIMF017902 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484316801 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Luxembourg : Financial Sector Assessment Program: Technical Note-Selected Issues in Banking Supervision. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (35 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 Technical Note examines aspects of the banking supervision regime in Luxembourg. Significant progress has been made in relation to the recommendations made in the 2011 Financial Sector Assessment Program. The Finance Ministry is no longer responsible for the granting or revocation of banking licenses, the Commission for the Supervision of the Financial Sector (CSSF) is no longer charged with promoting industry, resources have increased substantially, and there has been a significant increase in the implementation of sanctioning powers. There still exists potential for government or industry interference in the operational independence of the CSSF. The frequency of on-site inspections of Luxembourg subsidiaries of significant institutions is also on the low side. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/258 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/258/002.2017.issue-258-en.xml IMF e-Library