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 EBA Guidelines on outsourcing arrangements for regulated entities in Luxembourg. This regulation establishes comprehensive requirements for managing outsourcing risks, including governance, due diligence, and ongoing monitoring of service providers. It was subsequently amended by Circular CSSF 25/883 to update specific provisions regarding critical or important ICT outsourcing notifications.
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