The long-awaited update of CSSF Circular 12/552 is finally here: welcome to CSSF Circular 20/758 which replace the CSSF Circular 12/552.
The CSSF Circular 20/758 on central administration, internal governance and risk management has been published by the CSSF on 7th December 2020. It mainly transposes the EBA Guidelines on Internal Governance (EBA/GL/2017/11) and the Joint EBA-ESMA Guidelines on the assessment of the suitability of members the management body and key function holders (EBA/GL/2017/12).
This Circular is entered into force on 1st January 2021. PFS are therefore expected to be compliant with these obligations on that date.
The amended Circular tends to enlarge the roles and responsibilities of the Management Body in order to enhance the internal governance framework of PFS.
14 June 2021 (ENG) - 10am-12pm - Webinar format
Price: 300 €
Number of participants: 20
By the end of this training, the participants will be able to:
The main roles and responsibilities of the Board of Directors within the organisation:
For PFS Investment firms only:
PwC's Academy, Crystal Park Building, PwC Luxembourg
Tel: +352 49 48 48 4040