WebUnder the Securitisation Regulation, securitisation is a transaction or scheme where the credit risk associated with an exposure or a pool of exposures is tranched, and all of the following characteristics are met:. Payments in the transaction or scheme are dependent upon the performance of the exposure or of the pool of exposures. The subordination of … WebOct 22, 2024 · On 14 October 2024, the CSSF published its new CSSF Circular 21/785 with regard to replacing the prior authorisation obligation with a prior notification obligation in the case of material IT outsourcing (the "Circular"), which results in a simplification of the current regulatory requirements.. The Circular became effective from 15 October 2024.
Luxembourg: CSSF Communication On Notification …
WebTo do so, the notification template of the CSSF should be used and submitted at least three months before the planned outsourcing comes into effect. The notice period is … WebFeb 17, 2024 · The CSSF released a new notification template (the template) to be used as of 20 February 2024 by In-Scope Entities to notify the CSSF of critical or important … sina wolff alsfeld
EBA publishes final revised Guidelines on major incident reporting ...
WebOct 28, 2024 · According to the Commission de Surveillance du Secteur Financier (the "CSSF") 1, there has been an increase of over 40% in authorisation applications for IT outsourcing between 2024 and 2024.In particular, the amount of cloud outsourcing applications of Luxembourg entities doubled. In this context, and in order to face the … WebMay 1, 2024 · The Commission de Surveillance du Secteur Financier (the CSSF). The Commissariat aux Assurances (the CAA). Regulated entities in the Luxembourg financial sector are regulated by the CSSF. Insurance companies are regulated by the CAA. The CSSF supervises, regulates, authorises, informs, and, where appropriate, carries out on … WebJun 10, 2024 · The European Banking Authority (EBA) published today its final revised Guidelines on major incident reporting under the Payment Service Directive (PSD2). The revised Guidelines optimise and simplify the reporting process and templates, focus on incidents with significant impact on payment service providers (PSPs), and improve the … rdb17 airsoft