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CSSF has released a new Circular on 14 October for IT/Cloud Outsourcing. This new Circular replaces the prior authorisation requirement with a prior notification requirement in the event of outsourcing material activity but not business process outsourcing.
On 22 September 2021, the European Central Bank (“ECB”) released a report on its top-down economy-wide climate stress test.
How many times have you wondered where your invested money goes? What impact do your investments have? And what impact would that be - Positive or negative, to whom and for how long?
Published in December 2020, the released Circular CSSF 20/758 on Central Administration, Internal Governance and Risk Management repeals CSSF Circular 12/552 and has been specificaly issued to the attention of Investment Firms.
One of the main chapter of the 20/750 CSSF Circular is Logical Security (IAM/PAM). How to comply with this point of the circular? Grant Thornton, in collaboration with Grabowsky, can assist you through advisory and solutions.
Our experts help both Luxembourg residents and cross-border commuters to optimise their tax situation by making the right decisions and accompanying them through the administrative procedures.
In a fast changing world, where business resilience and perseverance are at stake, it is critical for organisations to operate responsibly and for financial sector to invest sustainably.
On 25 August 2020, the CSSF published the Circular 20/750 that implements the European Banking Authority (“EBA”) guidelines on management of information and communication technology (ICT) and security risks. In this new circular, CSSF has embedded the EBA guidelines into its regulatory requirements.
The Ministry of the Economy and Luxinnovation have launched “Fit 4 Resilience”, a strategic innovation program intended to help Luxembourg companies exit from the crisis. As an approved consultant for this program, Grant Thornton can help companies reinvent themselves after the COVID-19 crisis.
We are committed to helping our clients, colleagues and communities, as we all try to navigate the impacts of COVID-19. Any questions? Contact our Helpline for free advice from our experts: +352 20 80 01 51.
Luxembourg companies are facing complex operational and compliance challenges, and individuals as citizens are seeing a lot of questions and concerns raised both in the press and by regulators, about how measures taken by governments to control this pandemic can challenge their rights and freedoms to privacy.
The coronavirus outbreak could have significant impacts on company treasury. Ensuring the finances of your company is carefully managed is therefore crucial.
The coronavirus outbreak is first and foremost a human tragedy. At the same time it has the potential to have significant impacts on business operations. Ensuring your business operates as close to ‘business as usual’ is therefore crucial.
How are you providing crucial regulatory information timely and keeping financial soundness under control?
Meet our expert Jean-Hubert Antoine and implement the most relevant training initiatives, the most relevant security governance and insurance coverage.
Grant Thornton Luxembourg Technology Hub is proud to announce that its Blockchain as a Service infrastructure GTChain.net has been chosen by the European Blockchain Observatory and Forum to be one of the top 10 Blockchain initiatives in Luxembourg.