Regulatory Alerts2024-08-29
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Circular CSSF 24/860 — Update of Circular CSSF 12/552 on central administration, internal governance and risk management
The Commission de Surveillance du Secteur Financier (CSSF) issued Circular 24/860 to update Circular 12/552 regarding central administration, internal governance, and risk management. This regulatory instrument amends previous provisions established by Circulars 13/563 through 22/807 to ensure compliance with current supervisory standards. The update mandates that regulated entities adhere to the revised requirements for operational and risk control frameworks effective from the publication date.
Published on 29 August 2024
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CSSF circular
Update of Circular CSSF 12/552, as amended by Circulars CSSF 13/563, 14/597, 16/642, 16/647, 17/655, 20/750, 20/759, 21/785, and 22/807, relating to central administration, internal governance and risk management
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