WebThe CSSF circular 20/758 on central administration, internal governance and risk management has been published by the CSSF on 07 December 2024, replacing the circular 12/552. It mainly transposes the EBA guidelines on internal governance (EBA/GL/2024/11) and the Joint EBA-ESMA guidelines on the assessment of the suitability of the … WebCircular CSSF 20/758 as amended by Circular CSSF 21/785 on Central administration, internal governance and risk management. View. Topics: Financial Services. Jurisdiction: Europe, Luxembourg. Category: Laws & Regulations. Latest Content. News post. France: CNIL issues updated guide on personal data security.
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Circular CSSF 20/758 as amended by Circular CSSF 21/785 on …
WebThis episode revolves around the Circular CSSF 20/758 issued in December last year. The circular focuses on central administration, internal governance and risk management matters. Amended by CSSF Circular 21/785, it is only applicable to investment firms. WebDec 7, 2024 · In addition, CSSF published a Circular 20/757 that repeals the Circular 12/552 for investment firms and replaces it with Circular 20/758. The Circulars 20/757, 20/758, and 20/759 have become applicable from January 01, 2024. WebApr 6, 2024 · Circular CSSF 20/758 on administration, internal governance and risk management will be updated in due course. (iii) MiFID rules related to sustainability. The CSSF’s supervisory priorities for investment firms will mirror those as described above for credit institutions. simplicity\u0027s j6