WebMay 18, 2024 · 1. Introduction. On 22 April 2024, the Luxembourg financial regulator (the “CSSF”) released Circular 22/806 on outsourcing arrangements (the “Circular”).By means of the Circular, the CSSF adopts and integrates the revised EBA Guidelines on outsourcing arrangements (EBA/GL/2024) (the “EBA Guidelines”) and, as far as fund management is … WebFeb 17, 2024 · CSSF released a new notification template, which is to be used by in-scope entities, as of February 20, 2024, when outsourcing a critical or important ICT arrangements in accordance with points 59 and 60 of the Circular CSSF 22/806 on outsourcing arrangements. CSSF notified that in-scope entities may introduce notifications using the …
New CSSF requirements on outsourcing - KPMG Luxembourg
WebFeb 23, 2024 · CSSF introduces new notification template for critical ICT outsourcing. In-Scope Entities must adhere to the guidelines outlined in Circular CSSF 22/806 and implement the new template by 20th February 2024. However, to facilitate those who have already begun using the old template, a grace period has been established, extending … WebApr 22, 2024 · PDF (509.94Kb) PDF (453.93Kb) ... Publication of Circular CSSF 22/806 on outsourcing arrangements – Repeal or amendments of certain circulars CSSF. PDF … persona 5 royal behind the voice
Circular CSSF 22/806
WebWith a view to contribute to supervisory convergence at the European level, the CSSF has integrated the EBA’s Guidelines on Outsourcing arrangements (EBA/GL/2024/02) into its … WebAs such, CSSF Circular 18/698 applying to IFM remains the baseline for IFM, but gets supplemented, where applicable, and concerning ICT outsourcing, by section 4.2 of CSSF Circular 22/806, noting that section 5.1.2 is to some extent overridden by … WebOn 22 April 2024, the CSSF issued the long-awaited Circular 22/806 on outsourcing arrangements, which implements the revised European Banking Authority Guidelines on … stance earface socks