Our collective ambition, for and on behalf of our members, is to promote the sustainable development of regulated, innovative and responsible banking services in Luxembourg.
The ABBL monitors and keeps its members informed and up-to-date on the latest legal and regulatory developments, as well as relevant new technologies impacting their businesses. Via its technical committees and its working groups, the ABBL provides technical and strategic input for the benefit of its members and the Luxembourg financial industry as a whole. As such, it acts as a centre of competence and as a platform for the exchange of ideas. It formulates opinion papers and proposals on legislation, taxation, and banking regulation at national, European and international levels.
The ABBL is an association at the service of its members and all of its stakeholders. It responds to their expectations and involves them in its activities. Improved working flows enable continuous reporting and transparency of ABBL activities.
The ABBL shares its work and analyses it with its members. This includes drawing up of documents, launching surveys in order to reflect member’s interests and publishing guides in order to help them apply the regulations. The ABBL regularly organises conferences and series of ABBL Meets Members workshops in order to best inform them. Members briefings are also published on new legislation applicable to the financial sector.
The ABBL also develops professional recommendations and guidelines for its members and encourages ethical commitments to go beyond the legal obligations, as stated in its revised Code of Conduct.
As an employers’ association, one of the key roles of the ABBL is to assist our members in all social and labour matters. The Social Affairs Committee handles topics related to the relationship between the employer and the employee. We represent the financial sector in the Tripartite, the Luxembourg Economic and Social Council (CES) and in the Luxembourg Employers’ Federation (UEL).
Through the House of Training (HoT), the ABBL provides training programs adapted to the needs of banks. These include professional development programs of different levels, seminar programs on a range of subjects and professional banking training courses aimed at various levels of qualification.
The ABBL has set financial literacy as one of its priorities. Through its Fondation pour l’éducation financière, the ABBL conducts various initiatives in the field of financial education and training with a specific focus on sustainable finance, targeting both the general public, the vulnerable population and the professionals.