The ABBL webinar dedicated to the new CSSF Circular 12/552, organised in cooperation with the CSSF and Deloitte Luxembourg, took place on 9 February 2021. The high number of participants, more than 500, reflects the interest of the banking community for this important circular that regulates banks’ central administration, internal governance and risk management framework.
The text of the circular as amended has been made available in French and in English.
Questions & Answers
The webinar took the form of a Q&A session, based on questions collected from ABBL members. The CSSF was represented by Claude Wampach and Frederic Christophe, who responded to a wide range of questions.
The session proved to be helpful by addressing, in a concrete and precise way, the most frequently asked questions raised by ABBL members, illustrating the quality of the dialogue with the CSSF and the value it brings to our financial community.
The CSSF published a compilation of the Q&A.
