Is Your Business Ready ?
Regulatory oversight in Luxembourg continues to intensify, and financial institutions must stay proactive to meet the requirements of CSSF Circular 18/698. Failing to do so can lead to significant consequences, including sanctions, reputational damage, and operational disruptions. But how confident are you in your company's preparedness?
Here are some of the most common pitfalls financial institutions encounter:
Incomplete or outdated compliance frameworks
Are your policies regularly reviewed and aligned with the latest regulatory expectations?
Insufficient or disorganized documentation
Can you provide regulators with clear, consistent, and easily accessible records when requested?
Weak conflict of interest management
Have you implemented robust controls to identify, assess, and effectively mitigate risks?
Inadequate compliance monitoring
Do you systematically track obligations, or are you still relying on inefficient manual processes?
Ensuring compliance isn’t just about ticking boxes – it’s about protecting your company’s reputation and operational resilience.
How Can Osmia Consulting Help?
- Compliance framework assessment: Identify gaps and align processes with CSSF Circular 18/698.
- Internal audits and reviews: Stay audit-ready with independent compliance assessments.
- Tailored training programs: Equip your teams with the latest compliance best practices.
Stay Ahead of Regulatory Challenges
Partner with Osmia Consulting to build a resilient compliance framework that safeguards your business. Contact us today to learn more about how we can support your compliance needs and help you stay ahead of regulatory requirements.