As member of the management body or key function holder (CCO, CRO or CFO), you are now subject to new suitability requirements introduced by the joint EBA-ESMA Guidelines and transposed in the updated version of CSSF Circular 12/552 (as amended by CSSF Circular 20/759).
This means that you will be required to demonstrate sufficient knowledge, skills and experience to perform your duties, at both individual and collective levels. The suitability requirements also cover the honesty, integrity and independence of the members and their ability to commit sufficient time to perform their duties.
These new requirements apply both at individual level and collectively, i.e. at management body level. The Guidelines aim at strengthening the internal governance of credit institutions and investment firms.
Your institution will be required to implement mechanisms to assess the individual and collective suitability of its management body and, where applicable to report the identified shortcomings to the regulator and to define corrective measures.
Price: 300.00 €
Language: English, also available in French
Number of participants: 15
By the end of this training, the participants will be able to:
PwC's Academy, Crystal Park Building, PwC Luxembourg
Tel: +352 49 48 48 4040