The long-awaited update of CSSF Circular 12/552 is finally here: welcome to CSSF Circular 20/759.
The CSSF Circular 20/759 updating the CSSF Circular 12/552 on central administration, internal governance and risk management (as amended) has been published by the CSSF on 07 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 enter into force on 1st January 2021. Banks 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 Credit Institutions.
17 May 2021 (ENG) - Webinar format - 2pm-4pm
Price: 300 €
Duration: 2h
Language: English
Number of participants: 20
By the end of this training, the participants will be able to:
Target audience
For Credit Institutions only: