Conference
Download
Sponsored Links
This presentation is the property of its rightful owner.
1 / 3

Conference The Three Functions in the Financial Sector CSSF objectives for the Working Group PowerPoint PPT Presentation


  • 96 Views
  • Uploaded on
  • Presentation posted in: General

Conference The Three Functions in the Financial Sector CSSF objectives for the Working Group Claude SIMON. ° Promote cooperation between professional organizations - ongoing dialogue - mutual understanding

Download Presentation

Conference The Three Functions in the Financial Sector CSSF objectives for the Working Group

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Conference the three functions in the financial sector cssf objectives for the working group

Conference

The Three Functions in the Financial Sector

CSSF objectives for the Working Group

Claude SIMON


Conference the three functions in the financial sector cssf objectives for the working group

° Promote cooperation between professional organizations

- ongoing dialogue

- mutual understanding

° Understand the commonalities, differences and interactions between Compliance, Risk Management, Internal Audit

° Translation of High Level Principles defined by the authorities into day-to-day management

- take on board the industry's point of view

- different solutions for different types of organizations and business models

- contribute to a better understanding of rules

- promote the importance and efficiency of the 3 functions

- contribute to a more consistent application of rules

2


Conference the three functions in the financial sector cssf objectives for the working group

Forthcoming regulation: Capital Regulatory Directive, MIFID, Market Abuse Directive- seek further input from the industry for better impact assessment- develop structured dialogue with the supervisor- foster ongoing dialogue between professional organizations

3


  • Login