On 24 April 2020, EIOPA issued new guidelines on outsourcing to cloud service providers which apply to insurance and reinsurance undertakings, supplementing the general regulatory framework based on the Solvency II Directive ...

On 1 July 2022, the CSSF released a Communiqué on the notification template for outsourcing a critical or important business process.

Over the last couple of decades, members of the financial industry have been optimising costs by outsourcing or offshoring part of their middle and back office operations to Asia or Eastern Europe.

Through the law of 27 February 2018 implementing the EU regulation (UE) 2015/751 on interchange commissions for card based payments, which amends various laws relating to the financial sector...

A draft law that affects professional secrecy has been adopted—well, not secretly, but perhaps out of the spotlight. Finance Minister Pierre Gramegna, back in July 2016 ...

On 24 March 2023, a bill of law aiming, inter alia, at transposing Directive (EU) 2021/2167 on credit servicers and credit purchasers ("NPL Directive") into Luxembourg law ("Bill")...

Le BPO ou Business Process Outsourcing est une réalité qui s’ancre chaque jour un peu plus dans le paysage financier du Luxembourg.

This guide provides comprehensive coverage of the outsourcing market, regulatory and legal environment, contract models and terms, HR implications and asset transfers.

Labour and Employment Comparative Guide for the jurisdiction of Luxembourg, check out our comparative guides section to compare across multiple countries