WebJun 7, 2024 · On 1 July 2024, the CSSF released a Communiqué on the notification template for outsourcing a critical or important business process (Business Process … WebFeb 18, 2024 · The CSSF highlights the fact that incomplete notifications are no longer acceptable. An exception to this rule is solely possible when a complete notification form cannot be provided to the CSSF within the timeframe of 4 to 8 weeks, but can only be used on an exceptional basis in duly justified cases. In such cases, the notifying entity will: 1.
EUR-Lex - 32016R0957 - EN - EUR-Lex - Europa
WebNov 29, 2024 · The notification must be submitted, by using one of the template available on the CSSF’s website, in advance of the implementation of the project, in particular: · one month in advance of implementation, in the case of outsourcing to a Luxembourg-based PFS that is subject to Articles 29-3 to 29-6 of the 1993 Law on the financial sector; or WebMar 16, 2024 · CSSF communication on notification templates. Read More. About. Chevalier & Sciales is a Luxembourg law firm with specialist expertise in investment funds, high-level litigations and dispute resolutions, banking, finance and capital markets and corporate law. We have a reputation for merging excellence and intellectual exigence … durango weather guide
Publication of a new notification template for critical or …
WebAug 18, 2024 · The CSSF will make available shortly a template for this letter, as an update to the communication. AIFs that are obliged or that intend to publish pre-contractual disclosures in an annex to their issuing document or prospectus, pursuant to Article 6(3) SFDR, must submit the issuing document or prospectus to the CSSF no later than 31 … WebOct 21, 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 ... WebLuxembourg regulator notification template for outsourcing a critical or important business process. Luxembourg regulator notification template for outsourcing a critical or important business process x. Cookie prefs. Diese website uses cookies so the we can provide you with and best end experience possible. Our Cookie Notice is part ... durango weather july