Cost of Regulation
The fourth edition of the ABBL / EY Cost of Regulation Survey provides a comprehensive overview of how regulatory requirements affect banksโ cost structures, staffing and strategic priorities.
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Published on 13.03.2026
๐โจ Congratulations to the students of Lycรฉe Ermesinde, winners of the ๐๐๐
๐ฒ๐บ๐ฏ๐ผ๐๐ฟ๐ด ๐ป๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐๐ฒ๐น๐ฒ๐ฐ๐๐ถ๐ผ๐ป of the ๐๐๐ฟ๐ผ๐ฝ๐ฒ๐ฎ๐ป ๐ ๐ผ๐ป๐ฒ๐ ๐ค๐๐ถ๐ ๐ฎ๐ฌ๐ฎ๐ฒ.
The class of ๐ ๐ฟ ๐๐น๐ฎ๐๐ฑ๐ฒ ๐ช๐ฎ๐ด๐ป๐ฒ๐ฟ achieved a perfect score of ๐ฎ๐ฌ/๐ฎ๐ฌ, securing their place in the European final of this financial literacy competition organised by European Banking Federation together with national banking associations.
In Luxembourg, the competition is coordinated by the ๐๐ผ๐ป๐ฑ๐ฎ๐๐ถ๐ผ๐ป ๐๐๐๐ ๐ฝ๐ผ๐๐ฟ ๐น'๐ฒฬ๐ฑ๐๐ฐ๐ฎ๐๐ถ๐ผ๐ป ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฒฬ๐ฟ๐ฒ, as part of its mission to promote financial education and strengthen young peopleโs understanding of key financial concepts.
๐ก The ๐๐๐ฟ๐ผ๐ฝ๐ฒ๐ฎ๐ป ๐ ๐ผ๐ป๐ฒ๐ ๐ค๐๐ถ๐ helps students aged 13 to 15 develop essential life skills such as budgeting, understanding inflation, managing money and recognising fraud risks.
๐ A big bravo as well to the ๐ญ๐ณ ๐ผ๐๐ต๐ฒ๐ฟ ๐ฐ๐น๐ฎ๐๐๐ฒ๐ who took part in this yearโs challenge. Their motivation and preparation made the competition both demanding and rewarding.
Special thanks to the teachers who supported their students throughout the competition, and to Mr Claude Wagner for guiding the winning class.
We would also like to thank Marc Welter for his support and Jessica Thyrion, who coordinated the competition in Luxembourg.
๐ Next step: the ๐๐๐ฟ๐ผ๐ฝ๐ฒ๐ฎ๐ป ๐ณ๐ถ๐ป๐ฎ๐น ๐ถ๐ป ๐๐ฟ๐๐๐๐ฒ๐น๐ ๐ผ๐ป ๐ญ๐ต ๐ ๐ฎ๐ ๐ฎ๐ฌ๐ฎ๐ฒ, where around 30 countries will compete.
We wish the Luxembourg team the very best of luck!
Jessica Thyrion | Marc Welter | Claude Wagner
European Banking Federation | Fondation ABBL pour l'รฉducation financiรจre | Lycรฉe Ermesinde
EuropeanMoneyQuiz FinancialLiteracy Luxembourg FinLit EMQ2026
Published on 13.03.2026
What a useful and engaging evening we had yesterday at Arendt discussing the expected impacts of ๐๐ฅ๐ ๐ฉ๐ for our banking industry.
This first industry-wide conference dedicated to the imminent implementation of CRD VI gathered around ๐ฎ๐ฌ๐ฌ ๐ฝ๐ฎ๐ฟ๐๐ถ๐ฐ๐ถ๐ฝ๐ฎ๐ป๐๐, representing more than ๐ฑ๐ฌ ๐ณ๐๐น๐น๐ ๐น๐ถ๐ฐ๐ฒ๐ป๐๐ฒ๐ฑ ๐ฏ๐ฎ๐ป๐ธ๐ ๐ฎ๐ ๐๐ฒ๐น๐น ๐ฎ๐ ๐๐จ ๐ฎ๐ป๐ฑ ๐ป๐ผ๐ป-๐๐จ ๐ฏ๐ฟ๐ฎ๐ป๐ฐ๐ต๐ฒ๐.
In the opening remarks, Glenn Meyer, Partner at Arendt (Banking & Financial Services), set the scene by highlighting the importance of engaging with the CRD VI topic as early as possible and by reminding participants of its ๐๐๐ฟ๐ฎ๐๐ฒ๐ด๐ถ๐ฐ ๐ถ๐บ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป๐ for the review of banksโ business and governance models.
Sandrine Roux, Secretary General of the ABBL, recalled the regulatory timeline, emphasised the advocacy work carried out by the ๐๐๐๐ ๐ฎ๐ป๐ฑ ๐ถ๐๐ ๐๐ผ๐ฟ๐ธ๐ถ๐ป๐ด ๐ด๐ฟ๐ผ๐๐ฝ๐ - notably the ABBL Forum Bank Governance and the ABBL TCBs CRD VI Working Group - in recent months, and called for continued engagement from the industry on what can still be achieved, notably seeking further clarification and advocating for ๐ฝ๐ฟ๐ผ๐ฝ๐ผ๐ฟ๐๐ถ๐ผ๐ป๐ฎ๐๐ฒ ๐ถ๐บ๐ฝ๐น๐ฒ๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป.
โ๏ธ Pierre-Michaรซl de Waersegger, Partner at Arendt, and Frederic Schmit (LL.M.), Counsel at Arendt, then detailed the expected challenges and subtleties of the ๐ป๐ฒ๐ ๐ฟ๐ฒ๐ด๐๐น๐ฎ๐๐ผ๐ฟ๐ ๐ป๐ผ๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป ๐ฝ๐ฟ๐ผ๐ฐ๐ฒ๐๐ for material operations.
Later in the programme, Sandrine Roux moderated a very open and authentic discussion among experts on the foreseen impacts of CRD VI on internal governance, with Analia Clouet, General Secretary and Member of the Management at Banque Raiffeisen, Delphine du Retail, Secretary General at BGL BNP Paribas, and Frederic Sudret, General Counsel at Banque Internationale ร Luxembourg (BIL), with key takeaways wrapped up by Emmanuelle Mousel.
๐ Finally, the many ๐ง๐๐ ๐๐๐๐ ๐บ๐ฒ๐บ๐ฏ๐ฒ๐ฟ๐ present received practical and forward-looking insights from ๐๐ฎ๐ป๐ถ๐ฒ๐น๐ฎ ๐๐น๐ฎ๐๐ฒ๐ป-๐ ๐ฎ๐ฟ๐๐ถ๐ป, Country Head and Head of Institutional Banking Luxembourg Branch at RBS International, Marc Mouton, Partner at Arendt, and Glenn Meyer on the capital, liquidity and governance requirements applicable to ๐๐ต๐ถ๐ฟ๐ฑ-๐ฐ๐ผ๐๐ป๐๐ฟ๐ ๐ฏ๐ฟ๐ฎ๐ป๐ฐ๐ต๐ฒ๐, as well as on the new constraints โ and remaining opportunities โ of the regime for both existing and future players.
๐ Our sincere thanks to the partners and teams at Arendt for hosting and contributing to the success of this conference. We look forward to continuing the discussion with the banking community as the ๐๐ฅ๐ ๐ฉ๐ ๐๐ฟ๐ฎ๐ป๐๐ฝ๐ผ๐๐ถ๐๐ถ๐ผ๐ป ๐ฝ๐ฟ๐ผ๐ฐ๐ฒ๐๐ progresses.
Sandrine Roux | Glenn Meyer | Pierre-Michaรซl de Waersegger | Frederic Schmit (LL.M.) | Analia Clouet | Delphine du Retail | Frederic Sudret | Emmanuelle Mousel | Daniela K. | Marc Mouton
Arendt | ABBL
CRDVI BankingRegulation Luxembourg EUBanking FinancialServices
Published on 13.03.2026
๐ก ๐ ๐ฎ๐ป๐ ๐๐
๐ฝ๐ฒ๐ฟ๐ถ๐ฒ๐ป๐ฐ๐ฒ๐, ๐ข๐ป๐ฒ ๐๐ฎ๐ป๐ธ
How can banks combine ๐ถ๐ป-๐ต๐ผ๐๐๐ฒ ๐ฒ-๐ฏ๐ฎ๐ป๐ธ๐ถ๐ป๐ด ๐ฝ๐น๐ฎ๐๐ณ๐ผ๐ฟ๐บ๐ with ๐๐ถ๐ป๐ง๐ฒ๐ฐ๐ต ๐ฝ๐ฎ๐ฟ๐๐ป๐ฒ๐ฟ๐๐ต๐ถ๐ฝ๐ to enhance customer experience?
This question will be at the heart of the next meeting of the ๐๐๐๐ ๐๐ถ๐ป๐ง๐ฒ๐ฐ๐ต ๐ฎ๐ป๐ฑ ๐๐ป๐ป๐ผ๐๐ฎ๐๐ถ๐ผ๐ป ๐๐ผ๐ฟ๐๐บ (๐๐๐), organised in cooperation with Spuerkeess, bringing together banking professionals and FinTech innovators for an evening dedicated to ๐ฑ๐ถ๐ด๐ถ๐๐ฎ๐น ๐ฏ๐ฎ๐ป๐ธ๐ถ๐ป๐ด ๐ฎ๐ป๐ฑ ๐ฐ๐๐๐๐ผ๐บ๐ฒ๐ฟ ๐ฒ๐ป๐ด๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐.
As customer expectations continue to evolve, banks increasingly rely on complementary digital approaches to deliver ๐๐ฒ๐ฎ๐บ๐น๐ฒ๐๐, ๐๐ฒ๐ฐ๐๐ฟ๐ฒ ๐ฎ๐ป๐ฑ ๐๐ฎ๐น๐๐ฒ-๐ฎ๐ฑ๐ฑ๐ถ๐ป๐ด ๐๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ๐ across the entire customer journey.
The programme will feature insights from industry practitioners, FinTech representatives and banking leaders, including:
๐น ๐๐ฟ๐ฎ๐ป๐ฐฬง๐ผ๐ถ๐๐ฒ ๐ง๐ต๐ผ๐บ๐ฎ, CEO โ Spuerkeess
๐น Jerry Grbic, CEO โ ABBL
๐น Marianne Wildi, Chairwoman of the Board โ Hypothekarbank Lenzburg AG
๐น Chunhe Zhang, Managing Director โ PingPong Payments Europe
๐น Jeremy Lauret, Chief Commercial Officer โ Swissquote
๐น Alex Panican, Deputy CEO โ The LHoFT - Luxembourg House of Financial Technology
The event will also include a panel discussion on โ๐ข๐ป๐ฒ ๐๐ฎ๐ป๐ธ, ๐ ๐ฎ๐ป๐ ๐ฃ๐ฎ๐ฟ๐๐ป๐ฒ๐ฟ๐ โ ๐๐๐ถ๐น๐ฑ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐๐๐๐ฟ๐ฒ ๐ผ๐ณ ๐๐๐๐๐ผ๐บ๐ฒ๐ฟ ๐๐
๐ฝ๐ฒ๐ฟ๐ถ๐ฒ๐ป๐ฐ๐ฒโ, moderated by Mehdi Mekhneche.
๐ค The session will be hosted by Sarah Odru, Head of Member Relations at ABBL, with additional contributions from experts including Andrey Martovoy, Senior Adviser โ Innovation & Digital at ABBL.
๐
Monday, 16 March 2026
๐ 17:30 โ 20:30 (doors open at 17:00)
๐ Spuerkeess, Luxembourg
This meeting of the ๐๐ถ๐ป๐ง๐ฒ๐ฐ๐ต ๐ฎ๐ป๐ฑ ๐๐ป๐ป๐ผ๐๐ฎ๐๐ถ๐ผ๐ป ๐๐ผ๐ฟ๐๐บ will provide a platform for open exchange between ABBL members and FinTech firms on the evolving role of ๐ฑ๐ถ๐ด๐ถ๐๐ฎ๐น ๐ถ๐ป๐ป๐ผ๐๐ฎ๐๐ถ๐ผ๐ป ๐ถ๐ป ๐ฏ๐ฎ๐ป๐ธ๐ถ๐ป๐ด.
Participation is reserved for invited members.
๐๐ฟ๐ฎ๐ป๐ฐฬง๐ผ๐ถ๐๐ฒ ๐ง๐ต๐ผ๐บ๐ฎ | Jerry Grbic | Marianne Wildi | Chunhe Zhang | Jeremy Lauret | Mehdi Mekhneche | Andrey Martovoy | Jacques PรTZ | Alex Panican | Sarah Odru
Spuerkeess | ABBL | The LHoFT - Luxembourg House of Financial Technology
FinTech DigitalBanking CustomerExperience Innovation Luxembourg ABBL
Published on 13.03.2026
What skills will define the next generation of banking professionals?
An article published in Investment Officer explores how recruitment priorities are evolving in Luxembourgโs private banking sector. While technical expertise remains important, ๐ฏ๐ฎ๐ป๐ธ๐ ๐ฎ๐ฟ๐ฒ ๐ถ๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ถ๐ป๐ด๐น๐ ๐น๐ผ๐ผ๐ธ๐ถ๐ป๐ด ๐ณ๐ผ๐ฟ ๐ฐ๐ฎ๐ป๐ฑ๐ถ๐ฑ๐ฎ๐๐ฒ๐ ๐๐ต๐ผ ๐ฏ๐ฟ๐ถ๐ป๐ด ๐ฎ๐ฑ๐ฎ๐ฝ๐๐ฎ๐ฏ๐ถ๐น๐ถ๐๐, ๐ฐ๐ผ๐บ๐บ๐๐ป๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป ๐๐ธ๐ถ๐น๐น๐ ๐ฎ๐ป๐ฑ ๐๐ต๐ฒ ๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ ๐๐ผ ๐ฏ๐๐ถ๐น๐ฑ ๐๐๐ฟ๐ผ๐ป๐ด ๐ฟ๐ฒ๐น๐ฎ๐๐ถ๐ผ๐ป๐๐ต๐ถ๐ฝ๐.
The article features perspectives from HR leaders in the sector and includes insights from Hรฉlรจne Lange, ๐๐ฒ๐ฎ๐ฑ ๐ผ๐ณ ๐๐๐๐ถ๐ป๐ฒ๐๐ ๐๐ผ๐ผ๐ฟ๐ฑ๐ถ๐ป๐ฎ๐๐ถ๐ผ๐ป ๐ฎ๐ ๐๐ต๐ฒ ABBL.
๐ฌ โ๐๐ท๐ฆ๐ฏ ๐ข๐ด ๐ต๐ฆ๐ค๐ฉ๐ฏ๐ฐ๐ญ๐ฐ๐จ๐บ ๐ฆ๐ท๐ฐ๐ญ๐ท๐ฆ๐ด ๐ข๐ฏ๐ฅ ๐ข๐ณ๐ต๐ช๐ง๐ช๐ค๐ช๐ข๐ญ ๐ช๐ฏ๐ต๐ฆ๐ญ๐ญ๐ช๐จ๐ฆ๐ฏ๐ค๐ฆ ๐ฃ๐ฆ๐ค๐ฐ๐ฎ๐ฆ๐ด ๐ฎ๐ฐ๐ณ๐ฆ ๐ฑ๐ณ๐ฆ๐ด๐ฆ๐ฏ๐ต ๐ช๐ฏ ๐ง๐ช๐ฏ๐ข๐ฏ๐ค๐ช๐ข๐ญ ๐ด๐ฆ๐ณ๐ท๐ช๐ค๐ฆ๐ด, ๐ต๐ฉ๐ฆ ๐ฉ๐ถ๐ฎ๐ข๐ฏ ๐ต๐ฐ๐ถ๐ค๐ฉ ๐ณ๐ฆ๐ฎ๐ข๐ช๐ฏ๐ด ๐ข๐ต ๐ต๐ฉ๐ฆ ๐ค๐ฐ๐ณ๐ฆ ๐ฐ๐ง ๐ฑ๐ณ๐ช๐ท๐ข๐ต๐ฆ ๐ฃ๐ข๐ฏ๐ฌ๐ช๐ฏ๐จ.โ
This is also why initiatives such as the ๐๐๐๐ ๐บ๐ฎ๐๐๐ฒ๐ฟ๐ฐ๐น๐ฎ๐๐ ๐น๐ฎ๐๐ป๐ฐ๐ต๐ฒ๐ฑ ๐ณ๐ผ๐ฟ ๐๐๐๐ฑ๐ฒ๐ป๐๐ ๐ถ๐ป ๐๐ต๐ฒ ๐ช๐ฒ๐ฎ๐น๐๐ต ๐ ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐๐๐ฒ๐ฟโ๐ ๐ฝ๐ฟ๐ผ๐ด๐ฟ๐ฎ๐บ๐บ๐ฒ ๐ฎ๐ ๐๐ต๐ฒ ๐จ๐ป๐ถ๐๐ฒ๐ฟ๐๐ถ๐๐ ๐ผ๐ณ ๐๐๐
๐ฒ๐บ๐ฏ๐ผ๐๐ฟ๐ด aim to bridge the gap between academic training and the realities of the profession.
Beyond technical knowledge, the programme helps students understand the importance of emotional intelligence, authenticity and trust when building long-term client relationships.
๐ Read the article:
https://lnkd.in/eBEZBKnp
Source: Investment Officer, 11 March 2026.
ABBL Luxembourg Banking Talent SoftSkills PrivateBanking FinancialCentre