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About the BCL
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Monetary Policy
Monetary Policy
Single Monetary Policy
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Monetary policy decisions
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Research and Publications
Research and Publications
Research objectives and priorities
Conferences, workshops and seminars
Publications
Research Cooperation
Surveys conducted by the BCL
Banque centrale du Luxembourg Foundation
Financial Stability and Liquidity Supervision
Financial Stability and Liquidity Supervision
Banking Union
Financial Stability and Macro-Prudential Surveillance
Liquidity Supervision
Market Infrastructures and Payment Systems
Market Infrastructures and Payment Systems
Digital euro
TARGET Services
Payment Systems
Consultative and working groups
Domestic Securities Settlement Systems
Oversight of payment and settlement infrastructures
Payment statistics
Official register of systems designated or notified by the BCL
Official register of third country systems admitted by the BCL
TIBER-LU
Statistics
Statistics
Statistical tables
Statistical press releases
Regulatory Reporting
Regulatory Reporting
Credit institutions
Payment institutions / electronic money institutions
Securitisation vehicles
Investment funds
Pension funds
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Ce contenu est également disponible en français
2012
23
Oct
Europa und der Euro – ein Währungsraum mit Zukunft?
Rede von Yves Mersch, Präsident der Banque centrale du Luxembourg, Mitglied im Rat der Europäischen Zentralbank, Podiumsvortrag beim 6. Deutschen Maschinenbaugipfel, 23. Oktober 2012
2011
15
Nov
Challenges of Excessive Indebtedness
Keynote lecture given by Yves Mersch, Governor of the Banque centrale du Luxembourg, Member of the Governing Council of the European Central Bank, at the Euro Finance Week, Frankfurt on 15 November 2011
26
Oct
Optimal Currency Area Revisited
Lecture given by Yves Mersch, Governor of the Banque centrale du Luxembourg, Member of the Governing Council of the European Central Bank on Wednesday 26 October 2011, Villa la Fonte, Florence - Italy
24
Oct
Current Challenges in the Sovereign Debt Crisis
Speech given by Yves Mersch, Governor of the Banque centrale du Luxembourg, Member of the Governing Council of the European Central Bank, at the Sovereign Wealth Fund Forum in Montreux, Switzerland
28
Sep
ESE Conference: Welcome address by Governor Yves Mersch
ESE Conference 2011: “Financial Crisis and the Challenge of Supervision” , Luxembourg, 28 – 29 September 2011
28
Jul
Europe and the Euro: The way ahead
Yves Mersch, Governor of the Banque centrale du Luxembourg, Member of the Governing Council of the European Central Bank (ECB), Speech given at the OMFIF Investment Seminar, Hotel Mandarin Oriental, Tokyo, 28 July 2011
16
Jun
Der Euro nach der Krise - geld-, währungs- und europapolitische Herausforderungen
Yves Mersch, Präsident der Banque centrale du Luxembourg, Mitglied im Rat der Europäischen Zentralbank, EZB, Vortrag beim Bankhaus Joh. Berenberg, Gossler & Co. KG, Hamburg, 16. Juni 2011
23
May
International Financial Centers after the Crisis
Speech given by Yves Mersch, Governor of the Banque centrale du Luxembourg, Member of the Governing Council of the European Central Bank at a Lunch-Conference organized by BLC - Business Club Belgo-Luxembourgeois en Suisse, Zurich
29
Apr
Basel III and Liquidity Surveillance in Luxembourg: Building an Operational Systemic and Micro-prudential Framework
Speech by Mr Yves Mersch, Governor of the Banque centrale du Luxembourg, held at the General Assembly of “The Luxembourg Bankers’ Association on 27th of April 2011
13
Apr
Europa nach der Krise – Balance zwischen Markt und Staat
Yves Mersch, Präsident der Banque centrale du Luxembourg, Mitglied im Rat der Europäischen Zentralbank (EZB), Vorlesung zur Wirtschaftspolitik im Sommersemester 2011, 13. April 2011
05
Apr
Central banking for the 21st century: An American perspective, by Paul Wachtel, Stern School of Business, New York University
Speech given by Mr. Paul Wachtel, Stern School of Business, New York University on the occasion of a conference organized at the Banque centrale du Luxembourg.
03
Mar
Is Inflation back?
Discours prononcé par M. Yves Mersch, Président de la BCL à l'occasion de la conférence Bank finance 2011 organisée par le magazine Euromoney, Francfort, 3 mars 2011
07
Feb
Vers un renforcement de la stabilité financière globale : leçons de la crise pour l’Europe
Discours prononcé par M. Yves Mersch, Président de la BCL à l'occasion de la Quatrième Norbert von Kunitzki Memorial Lecture organisée par l'Institut d’Etudes Européennes et Internationales du Luxembourg
2010
18
Nov
Prospects of Islamic Finance: The View of a Central Bank in Europe
Speech given by Yves Mersch, Governor of the Banque centrale du Luxembourg at the Islamic Finance Conference, Frankfurt, Germany
12
Nov
Towards a Safer Global Financial System
Speech given by Mr. José Viñals, Financial Counsellor, IMF on the occasion of a conference organized by the BCL, Luxembourg, 11 November 2010
11
Nov
Shaping a New Regulatory Framework: International Banking at the Crossroads
Speech by Mr. Yves Mersch, Governor of the Banque centrale du Luxembourg at the conference “The Emerging Framework to Strengthen Banking Regulation and Financial Stability", organized by the Financial Stability Institute, BIS, and hosted by the Arab Monetary Fund, Abu Dhabi, 8-9 November 2010
31
Oct
European Lessons to be drawn from the Crisis to improve global Financial Stability
by Yves Mersch, Governor of the Banque centrale du Luxembourg at the 54th Congress of the UIA - International Association of Lawyers in Istanbul, Turkey, 31 October 2010
14
Oct
After the EMU rescue – Which way for Europe?
Speech given by Yves Mersch, Governor of the Banque centrale du Luxembourg at the Lecture in Memory of Pierre Werner organized by OMFIF, London, United Kingdom, Thursday, 14 October 2010
28
Sep
The Euro – a credible currency?
Speech given by Yves Mersch, Governor of the Banque centrale du Luxembourg at the Luxembourg Financial Centre Conference, Shanghai, China, Tuesday 28 September 2010
27
May
EBAday 2010 - Introductory remarks by Pierre Beck, member of the BCL Executive Board
Introductory remarks by Pierre Beck, member of the BCL Executive Board on the occasion of EBAday 2010 Euro payments conference and exhibition, Luxembourg, 26 - 27 May 2010
27
May
Les banques centrales et la stabilité macro-prudentielle
Discours prononcé par Serge Kolb, Membre du Directoire de la BCL à l'occasion de la 17ème Réunion des gouverneurs des banques centrales des pays francophones organisé du 13 au 14 mai 2010 à Montréal, Canada
10
Feb
The framework for short-term provision of international reserve currencies to sovereign states and their central banks
Speech given by Yves Mersch, Governor of the Banque centrale du Luxembourg on the occasion of the 5th High-level Seminar of Central Banks in the East Asia-Pacific Region and the Euro Area, Sydney, 10 February 2010
28
Jan
The financial crisis – challenges and new ideas
Introductory remarks by Pierre Beck, member of the BCL Executive Board on the occasion of EBAday 2010 Euro payments conference and exhibition, Luxembourg, 26 - 27 May 2010
2009
25
Nov
Credit developments in Luxembourg
Speech by Mr. Yves Mersch, Governor of the Banque centrale du Luxembourg on the occasion of the Gala CFO World 2009, Luxembourg, 25 November 2009
17
Nov
5th Economic Forum Belgium-Luxembourg-Arab Countries
Speech given by Mr.Yves Mersch, Governor of the Banque centrale du Luxembourg on the occasion of the 5th Economic Forum Belgium-Luxembourg-Arab Countries, Brussels, 17th November 2009
25
Sep
Die Krise - aus der Sicht eines Zentralbankers
Yves Mersch, Präsident der Banque centrale du Luxembourg, Symposium der WGZ, Luxemburg, 25. September 2009
06
Jul
The crisis - point of view of a Central Banker
Speech given by Yves Mersch, Governor of the Banque centrale du Luxembourg on the occasion of the conference "Bank crisis, then and now" organized by the Chamber of Commerce and the Swedish Embassy, Luxembourg, 8 July 2009
04
Jun
LIQUIDITÉ, AJUSTEMENT DES CADRES OPÉRATIONNELS ET ORIENTATION DES POLITIQUES PUBLIQUES
Par Yves Mersch, Président de la Banque centrale du Luxembourg, 16e réunion des Gouverneurs des Banques centrales des pays francophones organisée à Nice du 13 au 15 mai 2009
22
Apr
About the role of central banks in financial stability and prudential liquidity supervision, and the attractiveness of Islamic Finance
Speech by Yves Mersch, Governor of the Central Bank of Luxembourg 2nd Islamic Financial Services Board Public Lecture on Financial Policy and Stability, Kuala Lumpur, 8 February 2009
2008
11
Nov
BCL - SUERF Conference: Opening remarks Governor Yves Mersch
Opening remarks by Governor Yves Mersch at the BCL - SUERF Conference on Productivity in the Financial Services Sector, Luxembourg, 11-12 November 2008
21
Oct
Financial stability: quo vadis?
Speech by Mr. Yves Mersch, Governor of the Banque centrale du Luxembourg, Seminar on Financial Stability, Central Bank of Turkey, Ankara, 21 October, 2008
16
Jun
Target2/ Target2S
Speech held by Mrs. Gertrude Tumpel-Gugerell, Member of the ECB Executive Board, at the International Bankers' Club Luxembourg, Luxembourg, 16 June 2008
08
Apr
Sovereign funds: Partners for growth and stability?
Contribution of Etienne de Lhoneux, Secretary General, Banque centrale du Luxembourg, “High Level Panel Conference, organised by Crans Montana Forum, Palais d’Egmont Brussels
19
Mar
The recent sub-prime turbulences and their consequences for Luxembourg
Speech by Yves Mersch, Governor of the Banque centrale du Luxembourg, Alfi Spring Conference
17
Jan
The Luxembourg experience, resistance to reform and main avenues for change in Europe
Speech by Yves Mersch, Governorof the Banque centrale du Luxembourg, At the Bank of Greece conference "The Ageing of Europe’s Population: consequences and reform", 17 January 2008, Athens
2007
07
Dec
Society forming changes and their impact on information needs
Speech by Yves Mersch, Governor of the Banque centrale du Luxembourg, at the 2007 EUROSTAT Conference „Modern Statistics for Modern Society“, 7 December 2007, Luxembourg
12
Oct
Recent financial market developments
Speech by Mr. Yves Mersch, Governor of the Banque centrale du Luxembourg 50th anniversary of ACI Luxembourg, October 12, 2007
09
Oct
Eurosystem and Social Policy
Speech by Etienne de Lhoneux, Secretary General of the Banque centrale du Luxembourg, Contribution to the « Conférence sociale européenne des syndicats » organised by the « Confédération Luxembourgeoise des Syndicats Chrétiens » and « PRISMA-LUX », Remich, 5 October 2007
07
Sep
Im Fokus der Europäischen Zentralbank - Die Monetäre Analyse im Euroraum : Aktuelle Herausforderungen und Ausblick
Yves Mersch, Président de la Banque centrale du Luxembourg, 7. Kapitalmarktforum der WGZ Bank Luxembourg, 7. September 2007
06
Jul
AMCHAM/ Principles versus rules
Speech by Yves Mersch, President of the Banque centrale du Luxembourg, Luxembourg, 14 June 2007
13
Apr
The eurozone, the US, and global markets
Speech by Yves Mersch, Governor of the Banque centrale du Luxembourg, Transatlantic Roundtable of Finance and Monetary Affairs, The European Institute, Washington, 13 April 2007
2006
11
Sep
Monetary Policy and Time Inconsistency in an Uncertain Environment
Speech by Yves Mersch, Governor of the Banque centrale du Luxembourg, NOBELUX Seminar, Luxembourg, 11 September 2006
28
Jun
Monetary Policy in the Eurozone
Speech by Yves Mersch, President of the Banque centrale du Luxembourg, at ALGAFI Financial Markets Seminar, Luxembourg 28 June 2006
08
Mar
Introduction by Yves Mersch to the speech by Vaclav Klaus, President of the Czech Republic
delivered at a conference of the " Bridge Forum Dialogue", 8 March 2006, Luxembourg
2005
30
Nov
The European Central Banks System facing the Integration of the European Financial Business
Speech by Mr. Yves Mersch, Governor, Banque centrale du Luxembourg at the conference "UCI-HVB: A Step forward in European Financial Integration" , 30th November 2005 in Luxembourg
11
Oct
Fiscal Policy in the Monetary Union
By Jacques de Larosière, Honorary Governor of the Banque de France, Advisor to the Chairman of BNP Paribas, Pierre Werner Lecture, 11 October 2005
10
May
Les conditions de succès de la libéralisation du compte de capital
Intervention de Monsieur Yves Mersch, Président de la BCL, Réunion des banques centrales francophones – Marrakech, 9-12 mai 2005
10
May
Im Focus der Europäischen Zentralbank
Rede von Yves Mersch, Präsident der Luxemburger Zentralbank, Kapitalmarktforum 2005 der WGZ-Bank Luxemburg S.A., Luxemburg, 9. September 2005
28
Apr
Finanzsysteme im Wettbewerb, Prof. Dr. Axel A. Weber
Professor Dr. Axel A. Weber, Präsident der Deutschen Bundesbank, in der Banque centrale du Luxembourg 28. April 2005
25
Apr
L’euro fête son 10e anniversaire – La BCL au service de l’économie et des citoyens luxembourgeois
par Monsieur Yves Mersch, Président de la Banque centrale du Luxembourg, Conférence Inter-Lycées, Lycée technique du centre, 25 avril 2005
13
Apr
Structural reforms and monetary policy
by Mr. Serge Kolb, Director of the Banque centrale du Luxembourg at the conference on “THE POLITICAL ECONOMY OF THE LISBON AGENDA", 12 and 13 april 2005 in Luxembourg
11
Apr
Le rôle de la Banque centrale du Luxembourg
Devant des lycéennes de l'Ecole Privée Fieldgen et du Lycée Technique Sainte-Anne Ettelbruck, 11 avril 2005
15
Feb
The evolution of the European model of integration
by Mr. Yves Mersch, Governor of the Banque centrale du Luxembourg AMCHAM Financial Services Committee’s Networking, 15 February 2005
2004
11
Nov
The international role of the euro
By Mr. Yves Mersch, Governor of the Banque centrale du Luxembourg, 11 November 2004, Hong Kong, Financial seminar during the visit of Prime Minister Juncker
26
Oct
"Central Banks and Financial Stability" par M. Alexandre Lamfalussy lors de la Pierre Werner Lecture
Le 26 octobre 2004, Monsieur le Baron Alexandre Lamfalussy a tenu un discours sur le sujet "Central Banks and Financial Stability". Ce discours a eu lieu lors de la deuxième édition de la Pierre Werner Lecture, organisée dans les locaux de la Banque centrale du Luxembourg.
18
Jun
L'incidence de l'élargissement (et de la future constitution) sur les services financiers
Discours prononcé par Monsieur Yves Mersch, Président de la Banque centrale du Luxembourg, à l'occasion de la 11ième réunion des gouverneurs des Banques centrales des pays francophones
10
Jun
La stabilité financière - Des enjeux des nouvelles normes internationales au rôle de la banque centrale
Discours prononcé par Monsieur Yves Mersch, Président de la Banque centrale du Luxembourg, à l'occasion de la 11ième réunion des gouverneurs des Banques centrales des pays francophones
28
Jan
The economic situation in Luxembourg and the need for staying watchful
Discours prononcé par Monsieur Yves Mersch, Président de la Banque centrale du Luxembourg, à l'occasion de la 11ième réunion des gouverneurs des Banques centrales des pays francophones
2003
23
May
Reflections on the Eurosystem's monetary policy strategy after four years
Speech by Yves Mersch, Governor of the Banque centrale du Luxembourg, 33rd ISC-Symposium, St. Gallen, 23 May 2003
15
May
Epargne et Investissement: Déterminants et conséquences pour la croissance économique
Discours prononcé par Monsieur Yves Mersch, Président de la Banque centrale du Luxembourg, à l'occasion de la Conférence Financial One 2003.
25
Mar
The reform of the Governing Council of the ECB
Panel Statement by Mr. Yves Mersch, President of the Banque centrale du Luxembourg, Member of the Governing Council of the ECB Prague, 25 March 2003, Central Bankers' Panel, European Banking & Financial Forum
12
Mar
The interplay between monetary policy and fiscal policy in EMU
By Yves Mersch, Governor of the Banque centrale du Luxembourg, ALGAFI General Assembly, 12 March 2003
11
Mar
Financial sector Luxembourg: recent developments and financial stability
by Yves MERSCH, Governor of the Banque centrale du Luxembourg, ALFI 2003 Spring Conference Introductory Speech
11
Feb
La Banque centrale du Luxembourg dans les sondages
Discours de Monsieur Yves Mersch, Président de la Banque centrale du Luxembourg, Executive Club, Hôtel Le Royal
08
Feb
La Banque centrale du Luxembourg au sein de la zone euro
Discours prononcé par Monsieur Yves Mersch, Président de la Banque centrale du Luxembourg, à l'occasion de la 11ième réunion des gouverneurs des Banques centrales des pays francophones
2002
25
May
In the run-up to an enlarged Europe
by Yves Mersch, Governor of the Banque centrale du Luxembourg, 6th European Congress of the ACI
2001
23
Oct
On the European monetary policy strategy and practice
by Mr. Yves Mersch, Member of the European Central Bank Governing Council, Tokyo, 23 October 2001
03
Jul
Campagne d'Information Euro 2002 - Allocution de Mme Andree Billon
Banque centrale du Luxembourg
03
Jul
Campagne d'Information Euro 2002 - Allocution de Yves Mersch
Banque centrale du Luxembourg
08
Jun
International Securities Market Association Conference 2001
by Yves Mersch, Governor of the Banque centrale du Luxembourg, International Securities Market Association Conference 2001 - Luxembourg
18
May
Inauguration Ceremony of the Banque centrale du Luxembourg - Yves Mersch
Luxembourg, le 18 mai 2001
26
Mar
European Banking & Financial Forum 2001 - Yves Mersch
Prague, le 26th March 2001
09
Feb
Economic Policy in the Framework of Accession to the European Union and the Economic Monetary Union - Yves Mersch
Intervention de Yves Mersch à la conférence organisée en commun par la délégation lituanienne de la Commission européenne, le Ministère des Finances de la Lituanie et la Banque de Lituanie
30
Jan
Allocution de Mme Andrée Billon, Directeur de la BCL, à l'occasion de la présentation du PartenariatBanque centrale du Luxembourg - Ministère des Finances
2000
06
Oct
Les dangers de l'inflation pour le Luxembourg - Yves Mersch
Intervention de Yves Mersch au déjeuner-débat organisé par l'Economist Club Luxembourg Luxembourg, le 6 octobre 2000
28
Mar
The role of the Central Banks in Euroland - Yves Mersch
Prague, 28th March 2000
1999
16
Dec
La Place financière: Actualités - Yves Mersch
à l'occasion de la cérémonie d'inauguration de la Banque industrielle et commerciale de Chine à Luxembourg à l'Hôtel Le Royal Luxembourg, le 16 décembre 1999
05
Nov
Funktionen der Europäischen Zentralbank - Yves Mersch
Rede anlässlich des XIV. CHALLENGE-Workshops for Managers an der Hochschule Bremen, Bremen, den 5. November 1999
14
Oct
Neun Monate Erfahrung im Europäischen System der Zentralbanken - Yves Mersch
Finanzmarktforum Luxemburg, Luxemburg, den 14. Oktober 1999
06
Jul
La Banque centrale du Luxembourg et la place financière - Yves Mersch
à l'occasion de la Remise des prix en sciences économiques 1999 à la Chambre de Commerce du Grand-Duché de Luxembourg, Luxembourg, 6 juillet 1999
25
Jun
Les Banques centrales dans l'ère électronique - Yves Mersch
6ème Réunion des Gouverneurs des Banques centrales des Pays Francophones, Beyrouth, du 25 au 27 juin 1999
13
May
The European System of Central Banks from the experience of the Central Bank of Luxembourg - Yves Mersch
on the occasion of the Luxembourg Financial Centre Conference, New York, 13 May 1999
20
Apr
Le lancement de la Banque centrale à Luxembourg - Yves Mersch
à l'occasion de la Journée bancaire de l'ABBL au Cercle Municipal Luxembourg, Luxembourg, le 20 avril 1999
07
Apr
The effects of EMU on the Luxembourg banking center - Yves Mersch
on the occasion of the Official State Visit in Japan Financial & Industrial Seminar at Keidanren, Tokyo, le 7 April 1999
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