ABBL

We are delighted to welcome Alexandre D. to the ABBL as our new Sustainable Finance Adviser, under the supervision of Ananda Kautz, Head of Innovation, Payments & Sustainability ! 🌱💼 Alexandre joins us with a solid background in sustainable finance, bringing 9 years of experience in the banking sector, having previously worked with industry leaders such as KPMG, Deloitte, and Aurexia. Since 2019, he has focused entirely on sustainable finance and regulatory developments, making him an invaluable addition to our team. In his role at the ABBL, Alexandre will concentrate on 𝘀𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻𝗶𝗻𝗴 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗳𝗶𝗻𝗮𝗻𝗰𝗲 initiatives across Luxembourg’s banking sector, 𝘀𝘂𝗽𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗼𝘂𝗿 𝗺𝗲𝗺𝗯𝗲𝗿𝘀 in navigating evolving regulatory landscapes and 𝗽𝗿𝗼𝗺𝗼𝘁𝗶𝗻𝗴 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆-𝗱𝗿𝗶𝘃𝗲𝗻 𝗳𝗶𝗻𝗮𝗻𝗰𝗲 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀. 🤝 With a strong academic foundation in economics and finance from the University of Paris 1 Panthéon-Sorbonne, Alexandre is ready to help shape the future of sustainable finance at the ABBL. We look forward to his contributions to advancing sustainable finance and resilience in Luxembourg. 🇱🇺 𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗔𝗕𝗕𝗟 𝗳𝗮𝗺𝗶𝗹𝘆, 𝗔𝗹𝗲𝘅𝗮𝗻𝗱𝗿𝗲! 🙌 #Welcome #NewTeamMember #SustainableFinance #ABBL #LuxembourgFinance #GreenFinance

Joining Forces Against Terrorism Financing! 🔜 On 8 November, the ABBL, alongside Cellule de Renseignement Financier (CRF), Commission de Surveillance du Secteur Financier (CSSF), ALFI - Association of the Luxembourg Fund Industry and Luxembourg’s Financial Intelligence Unit, will host a powerful seminar tackling the urgent issue of terrorism financing. This conference will help attendees learn, in the first part, about the underlying risks, including legal risks, supervisory views, and the implementation of targeted financial sanctions. In the second part, attendees will hear insights from CRF’s work and the practical implementation by various actors in the financial sector. This is more than a conference: it’s a frontline effort to safeguard global security and ensure Luxembourg’s financial sector remains resilient. 🇱🇺 🛡️ 📅 8 November 2024 📍 BGL BNP Paribas Auditorium 👉 Register here: https://lnkd.in/etRwNjJy Camille Seillès｜#ElenaHdidou｜#NadineHoltzmer I Evelyne Christiaens｜Sandrine Formica, CAMS｜#CharlesPrevotat｜Anne Vaissière｜Jean-François Hein I Claude Marx I Max Braun

ABBL at the Singapore FinTech Festival! 🇸🇬 🇱🇺 Andrey Martovoy, representing ABBL, has spent two productive days with the Luxembourg delegation, diving into Singapore’s thriving financial ecosystem. 📸 With the whole delegation, thumbs up and ready to go! Highlights so far: 🔹 Insights Forum by Elevandi & Global Finance & Technology Network: Bringing together global leaders to discuss digital finance and public policy. 🔹 Visits to innovative firms such as OneConnect Financial Technology, ADDX, and PayPal Singapore: deep insights into Singapore’s cutting-edge tech. 🔹 Strengthening connections 🤝 between Luxembourg and Singapore’s financial communities, with many personal contacts established. We’re looking forward to the main event — the Singapore FinTech Festival — starting today! Big thanks to Luxembourg for Finance, The LHoFT - Luxembourg House of Financial Technology and hosting firms in Singapore for organising a great start of this mission. #LuxembourgFinance #FinTech #SingaporeFinTechFestival #ABBL

📢 Mark Your Calendars! Transparency & Equal Pay Conference – 12 November! Join us for an insightful morning, as we delve into the EU's latest directive on 𝗽𝗮𝘆 𝘁𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝗮𝗻𝗱 𝗲𝗾𝘂𝗮𝗹 𝗽𝗮𝘆 𝗳𝗼𝗿 𝗺𝗲𝗻 𝗮𝗻𝗱 𝘄𝗼𝗺𝗲𝗻. This essential Directive came into force on 7 June 2023. Designed to promote equality and fairness in the workplace, the Directive introduces measures aimed at reducing the pay gap between men and women and improving the transparency of pay within the Member States. Gain perspectives from industry experts: 🔹 Sabrina Bodson - Baker McKenzie 🔹 Gilles Dall'Agnol - A&O Shearman 🔹 Elvinger Pierre - Elvinger Hoss Prussen 💬 A breakfast will be offered, providing a wonderful opportunity to share and network with fellow attendees. 📅 When: 12 November, 08:30 📍 Where: Chamber of Commerce, Luxembourg 👉 Register here: https://lnkd.in/ebi5Kr_z Please note that this event is reserved for ABBL Members. Camille Seillès｜Elisabeth Franssen

Ready to master the intersection of finance and cybersecurity? As financial institutions face increasing cyber threats, the 𝗤𝘂𝗮𝗹𝗶𝗳𝗶𝗲𝗱 𝗖𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗣𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹 𝗶𝗻 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 certification programme gives you the skills you need to meet these challenges. Designed by the House of Training in collaboration with ABBL, Febelfin Academy and Solvay Lifelong Learning | Solvay Brussels School of Economics & Management, this course addresses the specific complexities of cybersecurity in the financial sector. The programme is structured into four comprehensive modules: 1️⃣ Introduction to Cybersecurity Fundamentals 2️⃣ Cybersecurity Battleground: Threats, Vulnerabilities, and Technologies 3️⃣ Incident Response by Security Controls and Operations 4️⃣ Cybersecurity, Governance Management and Leadership Discover more and secure your spot here 👉 https://lnkd.in/et7BY5Fn Ananda Kautz, Head of Innovation, Payments, and Sustainability at ABBL, highlights the urgency: "Cybersecurity is a race against time—one that can only be won through strong governance and continued investment in cybersecurity talent." Check out the full interview here: https://lnkd.in/ekEh5abw #Cybersecurity #Finance #Training #ABBL #RiskManagement #QualifiedProfessional

🤝 The ABBL proudly supported the French Tech Tour Luxembourg 2024! This initiative gathered a dynamic delegation of French tech start-ups and scale-ups to foster business growth and professional connections in the Grand Duchy. 🇱🇺 During the event, Andrey Martovoy, Senior Adviser - Innovation & Digital at the ABBL, delivered a presentation on “𝗛𝗼𝘄 𝗙𝗶𝗻𝗧𝗲𝗰𝗵 𝗙𝗶𝗿𝗺𝘀 𝗖𝗼𝗼𝗽𝗲𝗿𝗮𝘁𝗲 𝘄𝗶𝘁𝗵 𝗕𝗮𝗻𝗸𝘀 𝗶𝗻 𝗟𝘂𝘅𝗲𝗺𝗯𝗼𝘂𝗿𝗴”, sharing key insights on: 💡 Current trends in Luxembourg’s banking sector, 🔍 The ABBL’s role in fostering collaboration between FinTech firms and banks, 🔗 Practical approaches to building successful partnerships in the industry. 👏 A special thanks to all participants and partners, including #ResidenceofFrance in Luxembourg, Business France, Nathan Viollette • Business France, Romain Perron, and Aurélien GIRAUD, for their efforts in organising this impactful mission. #FinTech #Luxembourg #FrenchTech #BankingInnovation #Collaboration

Stay up to date! Here is an overview of the main recent developments in the financial sector: 📲 𝗜𝗻𝘀𝘁𝗮𝗻𝘁 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀: Luxembourg is preparing for the 2025 deadline. Facing the challenges involved by the shift to 24/7 instant payments within the SEPA area, the ABBL supports its members in regulation deadlines by providing guidance on remaining issues.  👉 🔗 https://lnkd.in/eSeqzFTN ⛓️ 𝗗𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗲𝗱 𝗟𝗲𝗱𝗴𝗲𝗿 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆: The ABBL has submitted its response to the consultation on Luxembourg's Blockchain IV Draft Law, aiming to shape a robust regulatory framework for DLT adoption. 👉 🔗 https://lnkd.in/eg6wWpnj 👩🏻🎓 𝗱𝗮𝘆𝗖𝗔𝗥𝗘 𝗜𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲: The 15th edition of dayCARE at the ABBL empowers tomorrow’s talent by offering young participants an immersive experience in the financial sector. 👉 🔗 https://lnkd.in/ejnHRaZg 📚 𝗦𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻𝗶𝗻𝗴 𝗧𝗿𝘂𝘀𝘁 𝗶𝗻 𝘁𝗵𝗲 𝗡𝗼𝗻-𝗣𝗿𝗼𝗳𝗶𝘁 𝗦𝗲𝗰𝘁𝗼𝗿:  The House of Training is proud to offer a course on Effective Governance in Non-Profit Organisations, enhancing the reliability and sustainability of the non-profit sector. 👉 🔗 https://lnkd.in/ecjHu-TD 🗓️ 𝗨𝗽𝗰𝗼𝗺𝗶𝗻𝗴 𝗘𝘃𝗲𝗻𝘁𝘀: From seminars on preventing terrorism financing to discussions on transparency and equal pay, we continue to bring together key stakeholders for critical conversations. Explore the full agenda to stay informed! 👉 🔗 https://lnkd.in/e-WwfGHd 💼 𝗖𝗮𝗿𝗲𝗲𝗿 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀: Discover the latest job offers or share your openings with our Member Relations Team at member-relations@abbl.lu. 👉 🔗 https://lnkd.in/eGTP9Ue5 📬 Don’t miss out on any updates! Subscribe to the 𝗔𝗕𝗕𝗟’𝘀 𝘄𝗲𝗲𝗸𝗹𝘆 𝗦𝗽𝗼𝘁𝗹𝗶𝗴𝗵𝘁 𝗻𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿 here: https://lnkd.in/e9TWH3HS - Contact: member-relations@abbl.lu Sarah Guillermet-Odru | Laurence D'haeyere #FinancialUpdates #ABBLSpotlight #InstantPayments #DLT #LuxembourgFinance #StayInformed

🌟 👨🏻🎓 💼 Today, the ABBL had the pleasure of welcoming three talented students for the 15th edition of dayCARE! This initiative offers students aged 16-18 the chance to immerse themselves in a company’s daily activities and gain real-world experience. During this edition, one student joined us for the classic internship, while two others took part in the Digital Challenge—an opportunity to explore digitalisation and innovative solutions. Their efforts were recognised with donations to CARE Luxembourg, which supports healthcare training in Niger and Laos. 🌍💡 By nurturing young talent and fostering digital skills, the ABBL is actively investing in the future of Luxembourg’s financial sector. Our members' ongoing engagement demonstrates their dedication to empowering the next generation and making a meaningful social impact. 🙌 👉 For more details, visit: www.daycare.lu Myriam Sibenaler | Bettina Helling | #PaulIghodalo | CARE #ABBL #dayCARE #FutureTalent #LuxembourgFinance #DigitalChallenge #InvestInYouth #FinancialSector

Today, ABBL, ABBL Foundation for Financial Education, and the SnT, Interdisciplinary Centre for Security, Reliability and Trust of the University of Luxembourg held a conference focused on Leveraging Artificial Intelligence for Transaction Monitoring in Banking.   The event has been a culmination of a joint 4️⃣-year research project focusing on the suitability of AI-based solutions for Anti-Money Laundering. Specifically, the project looked at Federated Learning for Transaction Monitoring.   Participants of the project presented key outcomes of the research program from the academic, education, applied points of view. 💡 ⤷ A demo of a proof of concept has been shown as well to showcase the benefits of mutualization in the context of federated learning for transaction monitoring. ✅   Key highlights of the research:   📌 Federated Learning performs well in AML scenarios, producing high performing models while preserving client privacy 📌 Federated Learning improves fraudulent transaction detection for an up to 75% decrease in false positive alerts 📌 Client participation beneficial even in cases with varying access to data   The conference concluded with a Panel discussion on How to Facilitate the Adoption of AI in Transaction monitoring & AML in the Financial Services Sector of Luxembourg with representatives from Commission de Surveillance du Secteur Financier (CSSF), Banque centrale du Luxembourg (BCL), Banque de Luxembourg, Banking Circle and LuxProvide.   🙌 ABBL, ABBL Foundation for Financial Education and SnT thank all speakers and participants of the event, and especially ABBL members who have volunteered to contribute to the research project over the last 4 years, and also to CSSF and BCL for observing the research project and providing useful feedback. 🤝   #AML #KYC #TransactionMonutiring #CustomerDueDiligence #AI #GenAI #FederatedLearning

On 16th October, an informative seminar featured presentations by Laetitia Carroz from the ABBL and Sylvie Maestri from BDO Luxembourg. The seminar addressed the latest developments in Tax Regulatory matters, including: 🔹 FATCA US missing TINs 🔹 Electronic Form 1042 Reporting 🔹 Updates to the Luxembourg attachment to the QI agreement 🔹 DAC 7 🔹 FASTER Attendees gained valuable insights into the complexities of the U.S. Qualified Intermediary regime, FATCA/CRS regulations, and digital assets reporting. 💡 Our sincere gratitude goes to Sylvie Maestri and BDO Luxembourg for their collaboration in organising this event. 🤝 Stay tuned for the next steps within the ABBL Tax Reporting Standards and Investment Income Working Groups! 🔜 Camille Seillès | Laetitia Carroz | Sylvie Maestri | Olga Wollny | Robert Battison