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One of the main chapter of the 20/750 CSSF Circular is Logical Security (IAM/PAM). How to comply with this point of the circular? Grant Thornton, in collaboration with Grabowsky, can assist you through advisory and solutions.

The COVID-19 crisis highlighted how important it is to react quickly to the unexpected. However, many companies were not ready for this, some of those have even been hacked due to security lack and others were not able to deploy a secure business continuity plan.

In a fast changing world, where business resilience and perseverance are at stake, it is critical for organisations to operate responsibly and for financial sector to invest sustainably.

On 25 August 2020, the CSSF published the Circular 20/750 that implements the European Banking Authority (“EBA”) guidelines on management of information and communication technology (ICT) and security risks. In this new circular, CSSF has embedded the EBA guidelines into its regulatory requirements.

Luxembourg companies are facing complex operational and compliance challenges, and individuals as citizens are seeing a lot of questions and concerns raised both in the press and by regulators, about how measures taken by governments to control this pandemic can challenge their rights and freedoms to privacy.

The coronavirus outbreak could have significant impacts on company treasury. Ensuring the finances of your company is carefully managed is therefore crucial.

The coronavirus outbreak is first and foremost a human tragedy. At the same time it has the potential to have significant impacts on business operations. Ensuring your business operates as close to ‘business as usual’ is therefore crucial.