Banking in Luxembourg

At the end of this course, you will have an overview of the activities carried out within the banking sector, how they have developed over time, and the economic and financial rationale that characterises the products and services offered by a banking institution. You will also have acquired the general financial terminology used in the business activities of the sector.

• Introduction
  • the origins and development of banking institutions
  • The Luxembourg financial centre in figures
• basic elements components of the legal framework for banking in Luxembourg:  financial sector law, authorisation and the CSSF
• New framework for financial supervision: ESFS and ECB
• Harmonised framework for the supervision and management of financial crises: Banking Union
  • Single Supervisory Mechanism and Single Resolution Mechanism
  • European Deposit Insurance Scheme (EIDS) (FGDL in Luxembourg)
• Universal banks, specialised banks and mortgage banks Bank branches and subsidiaries
  • The banker as risk assessor and manager of risks
    • Topography and typology of the different risks encountered:
    • Financial risks
    • Commercial risks
    • Competitive positioning risks
    • Operational risks
  • Risks for universal banks and specialised banks: operational sphere vs. financial sphere Specific ALM and risk management responses
• Bank intermediation activities
  • Intermediation as the basis of a bank’s
  • Constituent elements
  • Intermediation ratio, trends and current developments
  • Funding, reinvestment of funds and interest margin
  • Bank intermediation products
• Bank intermediation activities
  • Description and current developments of this phenomenon Constituent elements
  • Banks as designers, managers and sellers of a wide range of products and services
  • Disintermediation products
  • Disintermediation services
• Banks as managers of payment systems
• Specific features of a bank’s balance sheet and off-balance sheet structure
• Structural components and business lines
  • Product lines, business lines and clusters
• New actors and new trends: Banks vs. Financial Technology

This training is offered in blended-learning, you will receive access to a preparatory course in e-learning 5 days before the course.