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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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National Campaign against Online Frauds

Recognising the scale and growing sophistication of fraud, the ABBL and its Foundation took the initiative to launch a first national campaign in close collaboration with the LHC.

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Bank Account Opening

At the ABBL, we recognize this challenge of bank account opening and are actively working to make the process simpler, more transparent, and accessible for all types of legal entities operating in Luxembourg.

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40 Proposals for a Smarter Regulation

In its new paper, the ABBL outlines five key policy areas where improvements could significantly enhance the efficiency and effectiveness of the EU regulatory framework.

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Published on 13.03.2026

๐Ÿ†โœจ Congratulations to the students of Lycรฉe Ermesinde, winners of the ๐—Ÿ๐˜‚๐˜…๐—ฒ๐—บ๐—ฏ๐—ผ๐˜‚๐—ฟ๐—ด ๐—ป๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐˜€๐—ฒ๐—น๐—ฒ๐—ฐ๐˜๐—ถ๐—ผ๐—ป of the ๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฎ๐—ป ๐— ๐—ผ๐—ป๐—ฒ๐˜† ๐—ค๐˜‚๐—ถ๐˜‡ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ.

The class of ๐— ๐—ฟ ๐—–๐—น๐—ฎ๐˜‚๐—ฑ๐—ฒ ๐—ช๐—ฎ๐—ด๐—ป๐—ฒ๐—ฟ achieved a perfect score of ๐Ÿฎ๐Ÿฌ/๐Ÿฎ๐Ÿฌ, 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 ๐—™๐—ผ๐—ป๐—ฑ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—”๐—•๐—•๐—Ÿ ๐—ฝ๐—ผ๐˜‚๐—ฟ ๐—น'๐—ฒฬ๐—ฑ๐˜‚๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฒฬ€๐—ฟ๐—ฒ, as part of its mission to promote financial education and strengthen young peopleโ€™s understanding of key financial concepts.

๐Ÿ’ก The ๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฎ๐—ป ๐— ๐—ผ๐—ป๐—ฒ๐˜† ๐—ค๐˜‚๐—ถ๐˜‡ helps students aged 13 to 15 develop essential life skills such as budgeting, understanding inflation, managing money and recognising fraud risks.

๐Ÿ‘ A big bravo as well to the ๐Ÿญ๐Ÿณ ๐—ผ๐˜๐—ต๐—ฒ๐—ฟ ๐—ฐ๐—น๐—ฎ๐˜€๐˜€๐—ฒ๐˜€ who took part in this yearโ€™s 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.

๐Ÿ“ Next step: the ๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฎ๐—ป ๐—ณ๐—ถ๐—ป๐—ฎ๐—น ๐—ถ๐—ป ๐—•๐—ฟ๐˜‚๐˜€๐˜€๐—ฒ๐—น๐˜€ ๐—ผ๐—ป ๐Ÿญ๐Ÿต ๐— ๐—ฎ๐˜† ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ, 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

ABBL

Published on 13.03.2026

What a useful and engaging evening we had yesterday at Arendt discussing the expected impacts of ๐—–๐—ฅ๐—— ๐—ฉ๐—œ for our banking industry.

This first industry-wide conference dedicated to the imminent implementation of CRD VI gathered around ๐Ÿฎ๐Ÿฌ๐Ÿฌ ๐—ฝ๐—ฎ๐—ฟ๐˜๐—ถ๐—ฐ๐—ถ๐—ฝ๐—ฎ๐—ป๐˜๐˜€, representing more than ๐Ÿฑ๐Ÿฌ ๐—ณ๐˜‚๐—น๐—น๐˜† ๐—น๐—ถ๐—ฐ๐—ฒ๐—ป๐˜€๐—ฒ๐—ฑ ๐—ฏ๐—ฎ๐—ป๐—ธ๐˜€ ๐—ฎ๐˜€ ๐˜„๐—ฒ๐—น๐—น ๐—ฎ๐˜€ ๐—˜๐—จ ๐—ฎ๐—ป๐—ฑ ๐—ป๐—ผ๐—ป-๐—˜๐—จ ๐—ฏ๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ต๐—ฒ๐˜€.

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 ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐—ถ๐—ฐ ๐—ถ๐—บ๐—ฝ๐—น๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€ 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 ๐—”๐—•๐—•๐—Ÿ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐˜๐˜€ ๐˜„๐—ผ๐—ฟ๐—ธ๐—ถ๐—ป๐—ด ๐—ด๐—ฟ๐—ผ๐˜‚๐—ฝ๐˜€ - 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 ๐—ฝ๐—ฟ๐—ผ๐—ฝ๐—ผ๐—ฟ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐˜๐—ฒ ๐—ถ๐—บ๐—ฝ๐—น๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป.

โš–๏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 ๐—ป๐—ฒ๐˜„ ๐—ฟ๐—ฒ๐—ด๐˜‚๐—น๐—ฎ๐˜๐—ผ๐—ฟ๐˜† ๐—ป๐—ผ๐˜๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฝ๐—ฟ๐—ผ๐—ฐ๐—ฒ๐˜€๐˜€ 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.

๐ŸŒ Finally, the many ๐—ง๐—–๐—• ๐—”๐—•๐—•๐—Ÿ ๐—บ๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฟ๐˜€ present received practical and forward-looking insights from ๐——๐—ฎ๐—ป๐—ถ๐—ฒ๐—น๐—ฎ ๐—ž๐—น๐—ฎ๐˜€๐—ฒ๐—ป-๐— ๐—ฎ๐—ฟ๐˜๐—ถ๐—ป, 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 ๐˜๐—ต๐—ถ๐—ฟ๐—ฑ-๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ฟ๐˜† ๐—ฏ๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ต๐—ฒ๐˜€, as well as on the new constraints โ€” and remaining opportunities โ€” of the regime for both existing and future players.

๐Ÿ™ 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 ๐—–๐—ฅ๐—— ๐—ฉ๐—œ ๐˜๐—ฟ๐—ฎ๐—ป๐˜€๐—ฝ๐—ผ๐˜€๐—ถ๐˜๐—ถ๐—ผ๐—ป ๐—ฝ๐—ฟ๐—ผ๐—ฐ๐—ฒ๐˜€๐˜€ 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

ABBL

Published on 13.03.2026

๐Ÿ’ก ๐— ๐—ฎ๐—ป๐˜† ๐—˜๐˜…๐—ฝ๐—ฒ๐—ฟ๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ๐˜€, ๐—ข๐—ป๐—ฒ ๐—•๐—ฎ๐—ป๐—ธ
How can banks combine ๐—ถ๐—ป-๐—ต๐—ผ๐˜‚๐˜€๐—ฒ ๐—ฒ-๐—ฏ๐—ฎ๐—ป๐—ธ๐—ถ๐—ป๐—ด ๐—ฝ๐—น๐—ฎ๐˜๐—ณ๐—ผ๐—ฟ๐—บ๐˜€ with ๐—™๐—ถ๐—ป๐—ง๐—ฒ๐—ฐ๐—ต ๐—ฝ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ๐˜€ to enhance customer experience?

This question will be at the heart of the next meeting of the ๐—”๐—•๐—•๐—Ÿ ๐—™๐—ถ๐—ป๐—ง๐—ฒ๐—ฐ๐—ต ๐—ฎ๐—ป๐—ฑ ๐—œ๐—ป๐—ป๐—ผ๐˜ƒ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—™๐—ผ๐—ฟ๐˜‚๐—บ (๐—™๐—œ๐—™), organised in cooperation with Spuerkeess, bringing together banking professionals and FinTech innovators for an evening dedicated to ๐—ฑ๐—ถ๐—ด๐—ถ๐˜๐—ฎ๐—น ๐—ฏ๐—ฎ๐—ป๐—ธ๐—ถ๐—ป๐—ด ๐—ฎ๐—ป๐—ฑ ๐—ฐ๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ฒ๐—ฟ ๐—ฒ๐—ป๐—ด๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜.

As customer expectations continue to evolve, banks increasingly rely on complementary digital approaches to deliver ๐˜€๐—ฒ๐—ฎ๐—บ๐—น๐—ฒ๐˜€๐˜€, ๐˜€๐—ฒ๐—ฐ๐˜‚๐—ฟ๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐˜ƒ๐—ฎ๐—น๐˜‚๐—ฒ-๐—ฎ๐—ฑ๐—ฑ๐—ถ๐—ป๐—ด ๐˜€๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฐ๐—ฒ๐˜€ across the entire customer journey.

The programme will feature insights from industry practitioners, FinTech representatives and banking leaders, including:

๐Ÿ”น ๐—™๐—ฟ๐—ฎ๐—ป๐—ฐฬง๐—ผ๐—ถ๐˜€๐—ฒ ๐—ง๐—ต๐—ผ๐—บ๐—ฎ, CEO โ€“ Spuerkeess
๐Ÿ”น Jerry Grbic, CEO โ€“ ABBL
๐Ÿ”น Marianne Wildi, Chairwoman of the Board โ€“ Hypothekarbank Lenzburg AG
๐Ÿ”น Chunhe Zhang, Managing Director โ€“ PingPong Payments Europe
๐Ÿ”น Jeremy Lauret, Chief Commercial Officer โ€“ Swissquote
๐Ÿ”น Alex Panican, Deputy CEO โ€“ The LHoFT - Luxembourg House of Financial Technology

The event will also include a panel discussion on โ€œ๐—ข๐—ป๐—ฒ ๐—•๐—ฎ๐—ป๐—ธ, ๐— ๐—ฎ๐—ป๐˜† ๐—ฃ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ๐˜€ โ€“ ๐—•๐˜‚๐—ถ๐—น๐—ฑ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—™๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ ๐—ผ๐—ณ ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ฒ๐—ฟ ๐—˜๐˜…๐—ฝ๐—ฒ๐—ฟ๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒโ€, moderated by Mehdi Mekhneche.

๐ŸŽค 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.

๐Ÿ“… Monday, 16 March 2026
๐Ÿ•  17:30 โ€“ 20:30 (doors open at 17:00)
๐Ÿ“ Spuerkeess, Luxembourg

This meeting of the ๐—™๐—ถ๐—ป๐—ง๐—ฒ๐—ฐ๐—ต ๐—ฎ๐—ป๐—ฑ ๐—œ๐—ป๐—ป๐—ผ๐˜ƒ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—™๐—ผ๐—ฟ๐˜‚๐—บ will provide a platform for open exchange between ABBL members and FinTech firms on the evolving role of ๐—ฑ๐—ถ๐—ด๐—ถ๐˜๐—ฎ๐—น ๐—ถ๐—ป๐—ป๐—ผ๐˜ƒ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ถ๐—ป ๐—ฏ๐—ฎ๐—ป๐—ธ๐—ถ๐—ป๐—ด.

Participation is reserved for invited members.

๐—™๐—ฟ๐—ฎ๐—ป๐—ฐฬง๐—ผ๐—ถ๐˜€๐—ฒ ๐—ง๐—ต๐—ผ๐—บ๐—ฎ | Jerry Grbic | Marianne Wildi | Chunhe Zhang | Jeremy Lauret | Mehdi Mekhneche | Andrey Martovoy | Jacques PรœTZ | Alex Panican | Sarah Odru
Spuerkeess | ABBL | The LHoFT - Luxembourg House of Financial Technology

FinTech DigitalBanking CustomerExperience Innovation Luxembourg ABBL

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 Luxembourgโ€™s private banking sector. While technical expertise remains important, ๐—ฏ๐—ฎ๐—ป๐—ธ๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐—ถ๐—ป๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜€๐—ถ๐—ป๐—ด๐—น๐˜† ๐—น๐—ผ๐—ผ๐—ธ๐—ถ๐—ป๐—ด ๐—ณ๐—ผ๐—ฟ ๐—ฐ๐—ฎ๐—ป๐—ฑ๐—ถ๐—ฑ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜„๐—ต๐—ผ ๐—ฏ๐—ฟ๐—ถ๐—ป๐—ด ๐—ฎ๐—ฑ๐—ฎ๐—ฝ๐˜๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜†, ๐—ฐ๐—ผ๐—บ๐—บ๐˜‚๐—ป๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐˜€๐—ธ๐—ถ๐—น๐—น๐˜€ ๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† ๐˜๐—ผ ๐—ฏ๐˜‚๐—ถ๐—น๐—ฑ ๐˜€๐˜๐—ฟ๐—ผ๐—ป๐—ด ๐—ฟ๐—ฒ๐—น๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€๐—ต๐—ถ๐—ฝ๐˜€.

The article features perspectives from HR leaders in the sector and includes insights from Hรฉlรจne Lange, ๐—›๐—ฒ๐—ฎ๐—ฑ ๐—ผ๐—ณ ๐—•๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—–๐—ผ๐—ผ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฎ๐˜ ๐˜๐—ต๐—ฒ ABBL.

๐Ÿ’ฌ โ€œ๐˜Œ๐˜ท๐˜ฆ๐˜ฏ ๐˜ข๐˜ด ๐˜ต๐˜ฆ๐˜ค๐˜ฉ๐˜ฏ๐˜ฐ๐˜ญ๐˜ฐ๐˜จ๐˜บ ๐˜ฆ๐˜ท๐˜ฐ๐˜ญ๐˜ท๐˜ฆ๐˜ด ๐˜ข๐˜ฏ๐˜ฅ ๐˜ข๐˜ณ๐˜ต๐˜ช๐˜ง๐˜ช๐˜ค๐˜ช๐˜ข๐˜ญ ๐˜ช๐˜ฏ๐˜ต๐˜ฆ๐˜ญ๐˜ญ๐˜ช๐˜จ๐˜ฆ๐˜ฏ๐˜ค๐˜ฆ ๐˜ฃ๐˜ฆ๐˜ค๐˜ฐ๐˜ฎ๐˜ฆ๐˜ด ๐˜ฎ๐˜ฐ๐˜ณ๐˜ฆ ๐˜ฑ๐˜ณ๐˜ฆ๐˜ด๐˜ฆ๐˜ฏ๐˜ต ๐˜ช๐˜ฏ ๐˜ง๐˜ช๐˜ฏ๐˜ข๐˜ฏ๐˜ค๐˜ช๐˜ข๐˜ญ ๐˜ด๐˜ฆ๐˜ณ๐˜ท๐˜ช๐˜ค๐˜ฆ๐˜ด, ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฉ๐˜ถ๐˜ฎ๐˜ข๐˜ฏ ๐˜ต๐˜ฐ๐˜ถ๐˜ค๐˜ฉ ๐˜ณ๐˜ฆ๐˜ฎ๐˜ข๐˜ช๐˜ฏ๐˜ด ๐˜ข๐˜ต ๐˜ต๐˜ฉ๐˜ฆ ๐˜ค๐˜ฐ๐˜ณ๐˜ฆ ๐˜ฐ๐˜ง ๐˜ฑ๐˜ณ๐˜ช๐˜ท๐˜ข๐˜ต๐˜ฆ ๐˜ฃ๐˜ข๐˜ฏ๐˜ฌ๐˜ช๐˜ฏ๐˜จ.โ€

This is also why initiatives such as the ๐—”๐—•๐—•๐—Ÿ ๐—บ๐—ฎ๐˜€๐˜๐—ฒ๐—ฟ๐—ฐ๐—น๐—ฎ๐˜€๐˜€ ๐—น๐—ฎ๐˜‚๐—ป๐—ฐ๐—ต๐—ฒ๐—ฑ ๐—ณ๐—ผ๐—ฟ ๐˜€๐˜๐˜‚๐—ฑ๐—ฒ๐—ป๐˜๐˜€ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—ช๐—ฒ๐—ฎ๐—น๐˜๐—ต ๐— ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐— ๐—ฎ๐˜€๐˜๐—ฒ๐—ฟโ€™๐˜€ ๐—ฝ๐—ฟ๐—ผ๐—ด๐—ฟ๐—ฎ๐—บ๐—บ๐—ฒ ๐—ฎ๐˜ ๐˜๐—ต๐—ฒ ๐—จ๐—ป๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€๐—ถ๐˜๐˜† ๐—ผ๐—ณ ๐—Ÿ๐˜‚๐˜…๐—ฒ๐—บ๐—ฏ๐—ผ๐˜‚๐—ฟ๐—ด 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.

๐Ÿ”Ž Read the article:
https://lnkd.in/eBEZBKnp

Source: Investment Officer, 11 March 2026.

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