Cssf data protection law
WebApr 2, 2024 · The CSSF has requested over the past years that when such transfers relate also to investors' data, investors also consent to the transfer of data. The updated FAQs reflect a more flexible position in that investors need now only to be informed in the event … WebApr 12, 2024 · On 13 March 2024, the CSSF updated the FAQ 11 to include new questions relating to (1) use of ESG and/or sustainability related terminology in fund names, and whether there are there any ESG and ...
Cssf data protection law
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WebJul 27, 2024 · On 25 March 2024, the Luxembourg regulator of the financial sector – the Commission de Surveillance du Secteur Financier (the “ CSSF ”) – launched the digital data collection process (the “ Process ”) , as expected since its communication dated 27 July 2024 . The Process is introduced by the CSSF as part of its role as competent ... WebMar 29, 2024 · This data collection exercise may also be performed, on a voluntary basis, by alternative investment fund managers that are not in the scope of the AIFM Law or benefit from an exemption in ...
WebApr 10, 2024 · In brief: The CSSF Circular 19/716 applies with immediate effect as of 10 April 2024. Where a third country firm (i.e. a firm established in a country outside the European Economic Area) provides MiFID 2 Services in Luxembourg, it shall comply with Article 32-1 of the law of 5 April 1993 on the financial sector, as amended (the “Law on … WebApr 12, 2024 · The CSSF has also invited FMPs not in-scope of the data collection exercise to participate in the data collection exercise. The CSSF also states that investment fund managers (IFMs, i.e., FMPs who manage UCITS or AIFs) and IORPs remain responsible …
WebNov 3, 2024 · Circular CSSF 20/750 implements the guidelines of the European Banking Authority EBA/GL/2024/04 relating to the management of information and communication technologies (“ICT”) and security risks (hereinafter “ICT Guidelines”). ... particularly to … Webwww.cssf.lu Conseil de protection des déposants et des investisseurs Annex 2 to Circular CSSF-CPDI 23/33: Specifications for filling in the data collection template ID Field Type Explanations General instructions • Abbreviation used: o “Law of 2015”: amended Law of 18 December 2015 on the failure of credit institutions and
WebOn 17 May 2024, the CSSF published Circular 17/654 (the circular) on IT outsourcing based on a cloud computing infrastructure. The circular intends to clarify the regulatory framework for recourse to cloud computing infrastructure supplied by an external service provider. …
WebLegal reporting encompasses all the periodic and ad hoc information to be transmitted to the CSSF for prudential supervisory purposes by the Alternative Investment Fund Managers (AIFMs) under its supervision, observing the file transport and data protection instructions. The supervised entities are required to transmit periodic data relating to ... opening scene saturday night fever videoWebIts functioning is governed by the provisions of Section 4-2 of the Law of 23 December 1998 establishing the CSSF. The CPDI is the designated authority referred to in point (18) of Article 2(1) of Directive 2014/49/EU of 16 April 2014 on deposit guarantee schemes … opening scene shot la la landWebAmended law dated 30 May 2005 concerning the processing of personal data and the protection of privacy in the electronic communications sector. This law has implemented Directive 2002/58/EC; Article L. 261-1 (1) of the Luxembourg Labour Code provides … opening scene saturday night feverWebJul 29, 2024 · Data protection. All reporting files transmitted to the CSSF through the external transmission channels must be encrypted according to the standards defined in Circular CSSF 08/334. Before sending any files, the Luxtrust SSL certificate used by the … iow shanklin hotelsWebApr 2, 2024 · CSSF Position On Transfer Of Investors' Data. 02 April 2024. by Elvinger Hoss Prussen. ELVINGER HOSS PRUSSEN, société anonyme. On 30 October 2024, the CSSF updated the FAQs listed below to clarify the applicable requirements in the event of transfer of data by central administrations (or investment funds or investment fund … iow shoreline management planWebDec 22, 2024 · CSSF clarifies steps to be taken in case of data transfer by a central administration of a depositary to another service provider. What needs to be done in case of data transfer? EY Luxembourg skip to the content opening scenes of halloween 1978WebApr 3, 2024 · Benoît Rose. Home. On 25 March 2024, the Luxembourg Financial Sector Supervisory Authority ( CSSF) launched a digital data collection exercise to monitor compliance with the requirements of the Regulation (EU) 2024/2088 on sustainability-related disclosures in the financial services sector ( SFDR ). The objective is to collect, in a … opening scene the godfather