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ABBL Institutional

ABBL Annual Report 2025: resilience, competitiveness and collective action

Luxembourgโ€™s banking sector remains resilient and internationally attractive, despite a more demanding economic and regulatory environment. The ABBL Annual Report 2025 explores how competitiveness, attractiveness and collective resilience are becoming increasingly interconnected in shaping the future of Luxembourgโ€™s financial centre.

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ABBL Institutional

Strengthening banking competitiveness as a driver of growth for Europe

The ABBLโ€™s response to the Consultation on the Competitiveness of the EU Banking Sector.

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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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Retail Banking

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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ABBL - The Luxembourg Bankers' Association

Empowering Global Competitiveness, Advancing Prosperity.

At the heart of Europe, Luxembourgโ€™s dynamic financial centre drives sustainable growth, empowering businesses to compete globally and fostering long-term prosperity. The ABBL champions this vision by promoting regulated, innovative, and responsible financial services.

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ABBL

Published on 19.05.2026

๐Ÿ“ข ๐—ช๐—ฒ ๐—ฎ๐—ฟ๐—ฒ ๐—ต๐—ถ๐—ฟ๐—ถ๐—ป๐—ด: ๐—”๐—ฑ๐˜ƒ๐—ถ๐˜€๐—ฒ๐—ฟ โ€“ ๐—•๐—ฎ๐—ป๐—ธ๐—ถ๐—ป๐—ด ๐—ฆ๐˜‚๐—ฝ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐˜€๐—ถ๐—ผ๐—ป ๐—ฎ๐—ป๐—ฑ ๐—ฅ๐—ถ๐˜€๐—ธ
The ABBL is looking for an ๐—”๐—ฑ๐˜ƒ๐—ถ๐˜€๐—ฒ๐—ฟ โ€“ ๐—•๐—ฎ๐—ป๐—ธ๐—ถ๐—ป๐—ด ๐—ฆ๐˜‚๐—ฝ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐˜€๐—ถ๐—ผ๐—ป ๐—ฎ๐—ป๐—ฑ ๐—ฅ๐—ถ๐˜€๐—ธ to join its team in Luxembourg.

๐Ÿ”Ž ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—ฝ๐—ผ๐˜€๐—ถ๐˜๐—ถ๐—ผ๐—ป
The ๐—•๐—ฎ๐—ป๐—ธ๐—ถ๐—ป๐—ด ๐—ฆ๐˜‚๐—ฝ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐˜€๐—ถ๐—ผ๐—ป ๐—ฎ๐—ป๐—ฑ ๐—ฅ๐—ถ๐˜€๐—ธ ๐—”๐—ฑ๐˜ƒ๐—ถ๐˜€๐—ฒ๐—ฟ provides expert guidance to ABBL member banks on prudential supervision and risk management. The role centers on regulatory impact analysis, policy response drafting, and stakeholder engagement to promote proportionate regulation and effective risk oversight.

๐—ฌ๐—ผ๐˜‚๐—ฟ ๐˜๐—ฎ๐˜€๐—ธ๐˜€
๐Ÿ”น Analyse prudential regulations (capital, liquidity, governance, reporting) for impacts on banksโ€™ business models, risks, and operations.
๐Ÿ”น Draft impact assessments, briefing notes, policy responses, and position papers for ABBL committees and consultations at national/European levels.
๐Ÿ”น Coordinate member input via working groups, surveys, and exchanges to build evidence-based ABBL positions.
๐Ÿ”น Represent ABBL in meetings with supervisors, authorities, and peers on supervision and risk topics.
๐Ÿ”น Monitor supervisory practices and emerging risks (credit, market, liquidity, operational, model); produce guidance for members.
๐Ÿ”น Develop communication materials (FAQs, presentations, notes) to aid supervisory compliance.

๐ŸŽฏ ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—ฝ๐—ฟ๐—ผ๐—ณ๐—ถ๐—น๐—ฒ
๐Ÿ”น University degree (Masterโ€™s preferred) in Finance, Economics, Law or Risk Management; additional professional certification in risk or regulation is considered an asset.
๐Ÿ”น 5-7 years in banking supervision, prudential policy, risk, or regulatory advisory (bank, authority, consultancy, association).
๐Ÿ”น Strong knowledge of prudential frameworks and supervisory processes (e.g., CRD/CRR, SREP, reporting, stress testing, recovery and resolution.
๐Ÿ”น Fluency in English and French (written and spoken); knowledge of German is an asset.
๐Ÿ”น Strong analytical skills to interpret complex regulatory texts and quantify their impact on banks and the financial centre.
๐Ÿ”น Excellent drafting and synthesis capabilities in English (and preferably French) for high quality policy papers, senior briefings, and external communication.
๐Ÿ”น Advanced stakeholder management skills to align diverse member interests, build consensus, and represent ABBL
๐Ÿ”น A proactive and solution oriented mindset: autonomous, well organised, and resilient under tight deadlines.
๐Ÿ”น High level of integrity, discretion, and team spirit in handling sensitive supervisory and strategic topics at the heart of Luxembourgโ€™s banking community.

๐Ÿ“ฉ Candidates are invited to submit their application to ๐—ฎ๐—ฝ๐—ฝ๐—น๐˜†๐Ÿฐ๐—ท๐—ผ๐—ฏ@๐—ฎ๐—ฏ๐—ฏ๐—น.๐—น๐˜‚

๐Ÿ”— Learn more about the role and apply here:
https://lnkd.in/eT6sxZ\_w

ABBL

Published on 19.05.2026

๐—ง๐—ต๐—ฒ ๐—˜๐—จ ๐——๐—ถ๐—ด๐—ถ๐˜๐—ฎ๐—น ๐—œ๐—ฑ๐—ฒ๐—ป๐˜๐—ถ๐˜๐˜† ๐—ช๐—ฎ๐—น๐—น๐—ฒ๐˜ ๐—ถ๐˜€ ๐˜€๐—ฒ๐˜ ๐˜๐—ผ ๐—ฏ๐—ฒ๐—ฐ๐—ผ๐—บ๐—ฒ ๐—ผ๐—ป๐—ฒ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—บ๐—ผ๐˜€๐˜ ๐˜๐—ฟ๐—ฎ๐—ป๐˜€๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ฑ๐—ถ๐—ด๐—ถ๐˜๐—ฎ๐—น ๐—ฝ๐—ฟ๐—ผ๐—ท๐—ฒ๐—ฐ๐˜๐˜€ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ฒ๐—ฐ๐—ฎ๐—ฑ๐—ฒ.

Yesterday evening, nearly 200 experts from Luxembourgโ€™s banking, financial, technology and public sectors gathered for an ABBL conference dedicated to the future EU Digital Identity Wallet.

And one thing became very clear throughout the discussions: this is about far more than regulation.

The EUDI Wallet has the potential to fundamentally reshape how citizens and companies interact online. From opening a bank account in minutes, to securely sharing verified data across borders, signing documents digitally, simplifying corporate onboarding, reducing fraud risks and strengthening trust in an increasingly AI-driven world.

As highlighted during the event, the real challenge is no longer technology alone. It is about ๐—ถ๐—ป๐˜๐—ฒ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜†, ๐˜๐—ฟ๐˜‚๐˜€๐˜, ๐—ฎ๐—ฑ๐—ผ๐—ฝ๐˜๐—ถ๐—ผ๐—ป ๐—ฎ๐—ป๐—ฑ ๐—ฏ๐˜‚๐—ถ๐—น๐—ฑ๐—ถ๐—ป๐—ด ๐—ฎ๐—ป ๐—ฒ๐—ฐ๐—ผ๐˜€๐˜†๐˜€๐˜๐—ฒ๐—บ ๐˜๐—ต๐—ฎ๐˜ ๐˜„๐—ผ๐—ฟ๐—ธ๐˜€ ๐˜€๐—ฒ๐—ฎ๐—บ๐—น๐—ฒ๐˜€๐˜€๐—น๐˜† ๐—ฎ๐—ฐ๐—ฟ๐—ผ๐˜€๐˜€ ๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฒ.

Key discussions throughout the afternoon explored:
๐Ÿ”น The future of seamless and secure digital onboarding for banks and financial institutions
๐Ÿ”น The role of selective disclosure and user-controlled data sharing in strengthening privacy and trust
๐Ÿ”น The interaction between digital identity, payments and Strong Customer Authentication under PSD2/PSR
๐Ÿ”น The growing importance of interoperability across Europeโ€™s future wallet ecosystem
๐Ÿ”น Emerging opportunities around corporate onboarding, KYB and the future EU Business Wallet
๐Ÿ”น The operational, regulatory and adoption challenges that still need to be addressed before 2027

The event also showcased concrete demonstrations of future onboarding journeys and explored how the wallet could help reduce fraud risks while improving customer experience and simplifying compliance processes.

One message strongly resonated throughout the conference: digital identity is rapidly becoming a cornerstone of Europeโ€™s digital future.

A sincere thank you to all speakers and participants for the quality of the discussions and the strong engagement throughout the evening:
Ananda Kautz | Jacques PรœTZ | Norbert Sagstetter | Francois Depienne | Pierre Grasset | Lionel Antunes | Chan Hing Leong | Vincent Sigliano | Amandine Laurent | Galina Miroshnichenko

Thank you as well to our host:
Spuerkeess

With contributions from:
European Commission | Ministry for Digitalisation - Luxembourg | CTIE | LuxTrust S.A. | Worldline

The future of digital identity is no longer theoretical. It is taking shape now, and Luxembourg is fully part of the conversation.

EUDIWallet DigitalIdentity eIDAS2

ABBL

Published on 19.05.2026

Yesterday evening in Geneva, ABBL brought together representatives from the Luxembourg and Swiss financial sectors for an evening of dialogue focused on the future of ๐—ถ๐—ป๐—ฑ๐—ฒ๐—ฝ๐—ฒ๐—ป๐—ฑ๐—ฒ๐—ป๐˜ ๐˜„๐—ฒ๐—ฎ๐—น๐˜๐—ต ๐—บ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜๐—บ๐—ฒ๐—ป๐˜ ๐—ณ๐—ถ๐—ฟ๐—บ๐˜€ ๐—ถ๐—ป ๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฒ, as part of the Luxembourg meets Geneva initiative organised by Luxembourg for Finance.

The event highlighted the growing synergies between two internationally connected financial centres facing many of the same transformations: increasing regulation, market consolidation, evolving client expectations and intensifying international competition.

In his keynote address, Yves Stein, Chairman of ABBL and CEO of Edmond de Rothschild (Europe), underlined the complementary strengths of Luxembourg and Switzerland, stressing the importance of ๐˜€๐˜๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜†, ๐—ผ๐—ฝ๐—ฒ๐—ป๐—ป๐—ฒ๐˜€๐˜€, ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ฟ๐˜๐—ถ๐˜€๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐˜๐—ฒ๐—ฟ๐—ป๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฐ๐—ผ๐—ป๐—ป๐—ฒ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ถ๐˜๐˜† in an increasingly complex environment.

๐Ÿ’ฌ โ€œ๐˜›๐˜ฉ๐˜ฆ ๐˜ฎ๐˜ฐ๐˜ด๐˜ต ๐˜ด๐˜ถ๐˜ค๐˜ค๐˜ฆ๐˜ด๐˜ด๐˜ง๐˜ถ๐˜ญ ๐˜ง๐˜ช๐˜ฏ๐˜ข๐˜ฏ๐˜ค๐˜ช๐˜ข๐˜ญ ๐˜ค๐˜ฆ๐˜ฏ๐˜ต๐˜ณ๐˜ฆ๐˜ด ๐˜ฐ๐˜ง ๐˜ต๐˜ฐ๐˜ฎ๐˜ฐ๐˜ณ๐˜ณ๐˜ฐ๐˜ธ ๐˜ธ๐˜ช๐˜ญ๐˜ญ ๐˜ฃ๐˜ฆ ๐˜ต๐˜ฉ๐˜ฐ๐˜ด๐˜ฆ ๐˜ค๐˜ข๐˜ฑ๐˜ข๐˜ฃ๐˜ญ๐˜ฆ ๐˜ฐ๐˜ง ๐˜ฃ๐˜ณ๐˜ช๐˜ฏ๐˜จ๐˜ช๐˜ฏ๐˜จ ๐˜ต๐˜ฐ๐˜จ๐˜ฆ๐˜ต๐˜ฉ๐˜ฆ๐˜ณ ๐˜ฅ๐˜ช๐˜ง๐˜ง๐˜ฆ๐˜ณ๐˜ฆ๐˜ฏ๐˜ต ๐˜ข๐˜ค๐˜ต๐˜ฐ๐˜ณ๐˜ด ๐˜ธ๐˜ช๐˜ต๐˜ฉ๐˜ช๐˜ฏ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ด๐˜ข๐˜ฎ๐˜ฆ ๐˜ฆ๐˜ค๐˜ฐ๐˜ด๐˜บ๐˜ด๐˜ต๐˜ฆ๐˜ฎ.โ€ โ€” Yves Stein

Jerry Grbic, CEO of ABBL, presented the role of the ABBL within Luxembourgโ€™s financial ecosystem and highlighted the importance of ๐—ฟ๐—ฒ๐—ด๐˜‚๐—น๐—ฎ๐˜๐—ผ๐—ฟ๐˜† ๐—ฑ๐—ถ๐—ฎ๐—น๐—ผ๐—ด๐˜‚๐—ฒ, ๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฎ๐—ป ๐—ฎ๐—ฑ๐˜ƒ๐—ผ๐—ฐ๐—ฎ๐—ฐ๐˜†, ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ๐—ป๐—ฒ๐˜€๐˜€ ๐—ฎ๐—ป๐—ฑ ๐˜€๐˜‚๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜ for investment firms operating in a rapidly evolving market landscape.

The evening also featured a fireside chat moderated by Frรฉdรฉric Leliรจvre, Editor-in-Chief of Lโ€™Agefi Genรจve, bringing together:
๐Ÿ”น Caroline Quรฉrรฉ, Head of the ABBL Investment Firms Working Group & Deputy CEO of Spirit Asset Management
๐Ÿ”น Nicole Curti, President of the Alliance of Swiss Wealth Managers (ASV/ASWM)
๐Ÿ”น Vivien Jain, CEO of the Swiss Association of Wealth Managers (SAM)

Discussions focused in particular on:

๐Ÿ”น the evolving business models of independent wealth managers
๐Ÿ”น regulation and consolidation trends across Europe
๐Ÿ”น cross-border opportunities between Switzerland and Luxembourg
๐Ÿ”น changing client expectations in wealth management
๐Ÿ”น the importance of agility, expertise and trust in the future of the sector

๐Ÿค A valuable evening of exchanges reinforcing the close ties between Luxembourg and Geneva and highlighting the importance of continued cooperation between European financial centres.

Yves Stein | Jerry Grbic | Caroline Quรฉrรฉ | Nicole Curti | Vivien Jain | Frรฉdรฉric Leliรจvre | Sandrine Roux | Sarah Odru | ABBL | Luxembourg for Finance

ABBL Luxembourg Geneva

ABBL

Published on 19.05.2026

๐Ÿ‡ฑ๐Ÿ‡บ๐Ÿ‡จ๐Ÿ‡ญ Live from Geneva! As part of ๐—Ÿ๐˜‚๐˜…๐—ฒ๐—บ๐—ฏ๐—ผ๐˜‚๐—ฟ๐—ด ๐—บ๐—ฒ๐—ฒ๐˜๐˜€ ๐—š๐—ฒ๐—ป๐—ฒ๐˜ƒ๐—ฎ, the ABBL and Luxembourg for Finance brought together representatives from the Luxembourg and Swiss financial sectors for a day of dialogue, networking and cross-border exchanges.

During his opening intervention, Luxembourgโ€™s Minister of Finance Gilles Roth highlighted the importance of ๐—ถ๐—ป๐˜๐—ฒ๐—ฟ๐—ป๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฐ๐—ผ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป, ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ๐—ป๐—ฒ๐˜€๐˜€ and strong financial centres in an increasingly complex global environment.

Discussions focused in particular on:
๐Ÿ”น market developments
๐Ÿ”น cross-border perspectives
๐Ÿ”น competitiveness and innovation
๐Ÿ”น the evolving challenges facing the financial sector

For the ABBL, these exchanges are particularly important at a time when Europeโ€™s financial sector must continue to strengthen its ๐—ฟ๐—ฒ๐˜€๐—ถ๐—น๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ, ๐—ฎ๐˜๐˜๐—ฟ๐—ฎ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ฒ๐—ป๐—ฒ๐˜€๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—น๐—ผ๐—ป๐—ด-๐˜๐—ฒ๐—ฟ๐—บ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ๐—ป๐—ฒ๐˜€๐˜€.

๐Ÿค A valuable opportunity to strengthen the close ties between Luxembourg and Geneva and continue building meaningful connections across the industry.

Gilles Roth | Yves Stein | Jerry Grbic | Sandrine Roux | Tom Thรฉobald | Jan Bumann | Frรฉdรฉric Leliรจvre | Caroline Quรฉrรฉ | Vivien Jain | Nicole Curti | Sarah Odru | ABBL | Luxembourg for Finance

ABBL Luxembourg Geneva

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