WebMar 7, 2024 · The Commission de Surveillance du Secteur Financier (CSSF) has recently announced on 17 February 2024 the publication of a new notification template for critical … WebWhen an IFM outsources ICT, the Circular CSSF 18/698 applies as a baseline in relation to Chapter 4 (The bodies of IFM) and Chapter 5 (Arrangements regarding the central …
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WebSep 10, 2024 · Laurent de la Vaissièr de la Vaissière, Partner . 10 September 2024. 2 min read. On 25 August 2024, the CSSF published Circular 20/750 implementing the EBA Guidelines on ICT and security risk management in Luxembourg. These guidelines establish a consistent approach to the mitigation and management of these risks in all EU countries. WebApr 27, 2024 · The outsourcing of critical or important functions is indeed subject to prior notification to the CSSF. For material ICT outsourcing arrangements, such an obligation was introduced by Circular 21/785. For other types of outsourcing arrangements, this obligation will enter into effect on 30 June 2024. The notification must be submitted at least ... ct chase bank routing number
CSSF Circular 20/750 implements EBA Guidelines on ICT …
WebContext: Most of the financial companies shall be compliant with the CSSF rules. It is important to have the internal (ICT) policies compliant and applicable. It helps also to have a framework able to make the correspondences. Tool: SharePoint, Word and Excel, new framework Methodologies/rules: ITIL 4, CSSF Role: Writer Sector: Finance WebApril 1, 2024. On March 31, 2024, the CSSF published Circular CSSF 22/804 – Update of Circular CSSF 21/769 on governance and security requirements for supervised entities to perform tasks or activities through telework. The purpose of the circular is to confirm the entry into force of Circular 21/679 on telework from July 1, 2024. WebJul 25, 2024 · The ICT risk management framework requires firms to set risk tolerances for ICT disruptions supported by key performance indicators and risk metrics. Firms must also identify their “Critical or Important Functions” (CIFs) and map their assets and dependencies. The inclusion of CIFs in the final DORA text is a significant evolution and ... ct charter law