Events 03 March 2016

Banking regulatory updates and key trends

General Information

Event date :

03 March 2016

Event location :

Novotel Kirchberg - 6 Rue du Fort Niedergruenewald, L- 2226 Luxembourg

Time :

08:45 - 18:00

Organizer :


Organizer email :

Organizer website :

Goals of this conference

  • Overview of bank industry trends in Luxembourg and review are under discussion
  • Determine the risks for the business in data protection, cloud and outsourcing
  • Debate the challenges of the banks


  • 08:45: Registration
  • 09:00: Chair’s introduction & opening remarks Judith Raijmakers, Head of Banking & Finance - Partner LOYENS & LOEFF and Anne-Marie Nicolas, Partner, LOYENS & LOEFF
  • 9:15: Governance: what are the main highlights of bank and subsidiary governance? Selected key points
    • Bank directors’ status and liability - Legal risk vs risk perception
    • What are the challenges for Luxembourg bank subsidiary governance?
    • CRD IV: what are the trends in board and special committee roles?
    • Composition and related mandates
  • 10:00: Introduction to news under the 4th EU Directive on AML/CTF
    • Adoption of a risk-based approach
    • How can we define the concept of beneficial owner and registry?
    • Once a PEP, always a PEP?
    • What about EBA, ESMA and EIOPA draft guidelines following the consultation on 22 January 2016?
    • Gerard Green
  • 10:45 Coffee networking
  • 11:15: KYC/AML - How to approach screening and record-keeping in AML and other compliance obligations?
    • How to technically solve the anti-money laundering challenges?
    • How to apply a risk-based approach?
    • What is your business about and what are its inherent risks?
    • What are the main challenges concerning KYC (on boarding and monitoring) and transaction monitoring?
    • How to link the KYC and transaction Monitoring and apply schematic logic patterns?
    • How to perform other screening, e.g. employee transactions?
    • How to plan your monitoring and make it traceable?
    • How to meet auditors and regulators’ expectations?
  • 12:15: Q/A
  • 12:30: Lunch
  • 14:00: Outsourcing and cloud computing: what about the latest challenges in terms of outsourcing and clouds?
    • What is the regulatory framework and what is the practical use for cloud solutions and outsourcing?
    • Which are the challenges and regulators’ views?
    • What about data protection aspects and banking secrecy?
  • 15:00: Data – Upcoming challenges
    • BCBS 239 – A tsunami for the banking industry, data governance is the responsibility of the Board
    • MIFID 2 – Collecting, compiling and reporting information from and to a number of stakeholders
    • The future of banking is digital and should rely on complete and accurate data
  • 15:45: Coffee networking
  • 16:15: Focus on Article 55 of the Bank Recovery and Resolution Directive (BRRD)
    • The BRRD, bail-in and mandatory write-down and conversion
    • Article 55: which model clause can we propose for the contractual recognition of bail-in under the BRRD
    • How to deal with the practical challenges?
  • 17:15: Q/A
  • 17:30: Closing remarks by Judith Raijmakers and Anne-Marie Nicolas


20% discount (excl. VAT) on Registration fees for all ABBL Members.
ABBL Members are invited to register with the code 26331 on the IFE Website.

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Association des Banques et Banquiers, Luxembourg
12, rue Erasme | L-1468 Luxembourg
Tél.: (+352) 46 36 601 | Fax: (+352) 46 09 21
Heures d'ouverture:
Du Lundi au vendredi de 8h00 à 17h30

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