Regulatory Alerts2022-04-22
Circular CSSF 22/806 on outsourcing arrangements
The Commission de Surveillance du Secteur Financier issued Circular CSSF 22/806 to implement the Revised EBA Guidelines on outsourcing arrangements. This circular establishes the regulatory framework for financial sector entities regarding outsourcing activities and repeals or amends previous relevant circulars. It ensures compliance with the European Banking Authority's standards for managing outsourcing risks within supervised entities.
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