Regulatory Alerts2018-06-11
CSSF Circular 18/692: Details Regarding EBA Guidelines on Product Oversight and Governance for Retail Banking Products
The Commission de Surveillance du Secteur Financier issued Circular 18/692 to provide specific details regarding the European Banking Authority's guidelines on product oversight and governance arrangements for retail banking products. This document serves as the national implementation framework for the EBA/GL/2015/18 standards within Luxembourg's financial sector. It outlines the regulatory expectations for financial institutions to ensure robust product governance processes are maintained for retail banking offerings.
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