Regulatory Alerts2024-10-17
CSSF Circular 24/20: Adoption of EBA Guidelines on Resubmission of Historical Data
The CSSF has adopted the European Banking Authority's Guidelines on the resubmission of historical data under the EBA reporting framework for Luxembourg institutions in scope of resolution reporting. Financial institutions are required to correct and resubmit erroneous historical data, with the number of past reference dates depending on the reporting frequency, typically extending back at least one calendar year. This circular applies to various Luxembourg financial entities and mandates compliance with these updated resolution reporting requirements effective from 17 October 2024.
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