Governance

In today's increasingly regulated environment, organisations are required to develop and maintain effective governance frameworks to assist them in meeting an array of legal and regulatory obligations. Recent surveys indicate that understanding and effectively implementing these requirements continue to be a key challenge for a majority of organisations.

Dynamic regulatory landscapes, increasingly complex global business environments and rapid technology change are just some of the factors which, in recent times, have been driving companies to increase the focus on their governance.

How PwC can help you

PwC is the pre-eminent leader in the provision of innovative and practical governance services and thought leadership in Luxembourg. We have extensive experience in helping organisations across a range of industries in designing, building and assessing the appropriate culture, processes, controls and tools for effective governance.

We can work with you to identify and assess your key governance risks, and integrate the management of these risks into your current processes. Our practical and commercial approach to governance will assist you in building sustainable and effective governance frameworks which contribute to optimising business performance.

Our services include:

  • Banking:
    • Are you aware of the Circular CSSF 12/552 on Central Administration, Internal Governance and Risk Management? Read more.
    • Are you aware of the new Corporate Governance rules coming with the review of the EU proposed legislation for the Capital Requirements Directive (CRD) and the Capital Requirements Regulation (CRR), which together form the CRD IV package? Read more.
  • Investment funds: We can help you comply with the new governance rules imposed by the AIFMD and UCITS IV directives.
  • Insurance undertakings: We can help you comply with the governance requirements set out in the Solvency II Directive. Read more.
  • Operational Companies: The convergence of market, global and regulatory drivers have forced CFOs to reassess the governance of their finance functions as well as the role they should play. Read more.
  • IT governance: Our perspective is to enhance your IT Function to make it become a source of competitive advantage within the enterprise. Read more.
  • Sustainability: We help companies reshape their governance in order to comply with stakeholders expectations as regard value generation which can no longer be only economic but also social and environmental. Read more.