working from home

Few doubt the pandemic has changed for good the lives of the near half of the Luxembourg workforce who are able to work from home. The financial services regulator has clarified rules on governance, substance and security requirements for remote working.

The CSSF is urging all financial sector workers to again work from home wherever possible. The new guidance comes after the Luxembourg government announced new restrictions to limit the spread of Covid-19 on Friday.

‘We are facing an unprecedented upsurge in coronavirus infections whose consequences cannot be measured at this stage’, the CSSF said in a press release. ‘The government indicated that the situation gives cause for concern during its press conference.’