Impact of Covid-19 on the EU banking sector: the EBA issues clarifications on its measures
Published the 03.04.2020
As the contagion is hitting more and more countries, the EU is continuing to issue specific measures to counter the effects of the human and economic crises. Among the priorities...
ABBL / ALFI Guidelines on Look-Through and Control
Published the 03.04.2020
Under the overarching aim of enhancing investor protection, the Alternative Investment Fund Managers Directive (AIFMD) has introduced a stringent regulatory environment for the alternative fund industry and has established the...
The importance of financial literacy in times of crisis – thoughts to share
Published the 27.03.2020
On 24 March 2020 the European Banking Federation organised a webinar bringing together leading international speakers on financial literacy to mark the launch of the European Money Week 2020. Fostering...
EU decision making with Covid-19
Published the 27.03.2020
Brussel’s Schuman round about and Luxembourg square, home to the EU institutions, are generally areas bustling with activity, people going to or coming from meetings, informal get-togethers in the adjacent...
Objectives of the Economic Stabilisation Programme
Published the 26.03.2020
The ABBL is proud to have participated in the development of the programme, and commends its members for their active contribution to the stability of our economy.
Temporary waiver of prior authorisation/notification requirements for cloud-based outsourcing
Published the 25.03.2020
23 March 2020, the CSSF published the following information on their Covid-19 FAQ page: “As part of the adaptation of their working environment in response to the Covid-19 situation, supervised...
CSSF calls for increased home working measures
Published the 22.03.2020
The ABBL would like to draw our members attention to the press release issued by the CSSF on 22 March. Full text: CORONAVIRUS (COVID-19): IMMEDIATE REVIEW OF CURRENT ORGANISATIONAL SETUPS...
Covid-19: the EU institutions’ action to support the banking system and the economy
Published the 20.03.2020
Ever since the coronavirus threat has become real, the focus has been very much on the impacts of day to day life for citizens and mostly on measures that Member...
COVID-19 – Banking Services FAQ
Published the 18.03.2020
(last updated 18 March) What are banks doing to protect staff and customers? Banks in Luxembourg have been preparing their business continuity planning for several weeks already, with the aim...
ABBL offices temporarily closed
Published the 16.03.2020
We are taking the current Covid-19 situation seriously and are following governmental guidelines and information provided by the Ministry of Health. Our focus is to ensure the safety and well-being...
