BRAND VOICE - FINANCE & LEGAL
The new updates on the regulatory framework of the outsourcing
The CSSF released a new Circular (CSSF Circular 21/785) for financial institutions operating in Luxembourg. The Circular became effective on 15 October 2021 and updates the regulatory framework applying to the outsourcing of Material IT outsourcing[1] and Cloud outsourcing[2].
Moufida Leckie, Manager - Head of Legal & Compliance • 30.11.2021