WebI hold a Master in IT security and audit and a Bachelor of Science in Information Technology and I am preparing the Certified Information Systems Auditor (CISA). Technical competencies: IT regulatory framework in Europe, IT audit, IT and cloud outsourcing, Third Party Assurance Reports (ISAE 3402, SOC1, SOC2), ISO 27001 - Information security ... WebNov 12, 2024 · The CSSF FAQ on materiality clarify that IT outsourcing is an arrangement of any form between a supervised entity and a service provider (including of the same …
Circular CSSF 22/806: An Outsourcing Circular to rule them all
WebOct 28, 2024 · According to the Commission de Surveillance du Secteur Financier (the "CSSF") 1, there has been an increase of over 40% in authorisation applications for IT outsourcing between 2024 and 2024.In particular, the amount of cloud outsourcing applications of Luxembourg entities doubled. In this context, and in order to face the … WebApr 21, 2024 · Recherche & boîte à outils CSSF Ouvrir la recherche ou accès aux outils et applications CSSF eDesk. Publié le 21 avril 2024 ... Registre des sous-traitances cloud … shutting water off at home
CSSF replaces prior authorization obligation with prior notification ...
WebMay 26, 2024 · the cloud computing services do not involve the manual interaction of the cloud service provider in the daily management of the cloud computing resources used by the financial institution. The extent that the Cloud Circular is applicable, the outsourcing provisions in Circular CSSF 17/655 and Circular CSSF 17/656 shall not apply. WebApr 22, 2024 · For non-ICT outsourcing, their IFMs must still follow Circular 18/698. The Circular has two main parts, which address (i) rules on outsourcing in general and (ii) rules on ICT outsourcing, irrespective of any reliance on cloud solutions. The Circular brings together rules that had previously been split over several CSSF circulars. 1. General rules WebCSSF (Luxembourg) The Commission de Surveillance du Secteur Financier (“CSSF”) is responsible for supervision of the markets and ensuring the safety and soundness of the financial sector in Luxembourg. The CCSF published Circular 17/654 to provide a regulatory framework for financial institutions on IT outsourcing to public cloud service ... shutting water off under sink