Coronavirus (COVID-19): Working from home

Further to the confirmation by the Luxembourg government, on 15 April 2020, that the lockdown will be extended with limited exceptions until at least 25 May, the CSSF urges all financial institutions under its prudential supervision to continue favouring working from home. As already mentioned in our communications of 2 March and 17 March, satisfactory IT security conditions should be guaranteed and no prior authorisation is needed for such work arrangements.

The Luxembourg government will reassess the situation after 11 May and we will reassess our request accordingly.