New outsourcing arrangements for PFS

The European Banking Authority (EBA) has issued revised Guidelines on outsourcing arrangements (EBA/GL/2019/02 or the Guidelines). While the Guidelines apply to credit institutions, investment firms and payment and electronic money institutions only, the CSSF has chosen to extend the scope of application of this circular in order to promote convergence on a national level. This En savoir plus surNew outsourcing arrangements for PFS[…]

OPEXIA PSF proposes a competitive & performing Solution for institutions aiming to comply with the new Circular CSSF 20/747 requirements and Law of March 2020

Summary of impacts on reporting – Law of 25 March 2020 establishing a central electronic data retrieval system related to payment accounts and bank accounts identified by IBAN and safe-deposit boxes held by credit institutions in Luxembourg