CSSF Circular 26/906 requires management body members of certain Luxembourg FinTechs and PayTechs to sign an annual written statement confirming full compliance. The circular is effective from 30 June 2026, with first attestation due in Q1 2027, shifting personal accountability to individuals.
A formal complaint has been filed with Luxembourg's data protection authority (CNPD) against Amazon for alleged GDPR violations related to automated decision-making in e-recruitment. The complaint highlights opaque algorithms rejecting workers without transparency or recourse, invoking GDPR Article 22 protections. This signals increased regulatory scrutiny of AI in hiring and potential fines for non-compliance.