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ARTICLE · 06 SEPTEMBER 2022

CSSF Telework Circular Applies Since 1 July 2022

ELVINGER HOSS PRUSSEN, société anonyme
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On 31 March 2022, the CSSF confirmed that Circular 21/769 on "Governance and security requirements for supervised entities to perform...

LuxembourgFinance and Banking
Elvinger Hoss Prussen
Elvinger Hoss Prussen

On 31 March 2022, the CSSF confirmed that Circular 21/769 on "Governance and security requirements for supervised entities to perform tasks or activities through Telework" ("Telework Circular") appliesas from1 July 2022 in view of the government's recent announcements removing the majority of the health restrictions adopted in the context of COVID-19. The Telework Circular was issued on 9 April 2021 with an effective date initially scheduled for 30 September 2021 but its entry into force was postponed due to the pandemic situation.

The Telework Circular sets out governance and security requirements with respect to the implementation and use by entities under the CSSF's supervision of work processes based on telework solutions. Its purpose is to promote a sound and prudent management contributing to the proper organisation of these entities and the preservation of information security by specifying the requirements they have to comply with. For more details,

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