Introduction to CBL reporting for financial companies

All practitioners involved in the preparation/review of CBL reports, both beginners and more experienced professionals willing to improve their knowledge on specific treatments.

The Central Bank of Luxembourg (CBL) is in charge of collecting data and statistics from Luxembourg financial services and institutions. Along with the adoption of new rules in 2014, amending the CBL regulation of April 2011, many entities have to deliver a monthly report to the Central Bank of Luxembourg.

For the uninitiated, it may be complicated to navigate through the codifications and terminologies to be used. In order to fill in and file accurate reports, mastering the above-mentioned rules are essential.

By the end of this training, participants will be able to:

• better understand the background of the Central Bank of Luxembourg reporting obligation;
• understand all the codes used for the classification, the accounting framework to be used or how to properly split the information in the trial balance to ensure good reporting;
• prepare CBL reports on a simple holding company.

• Origin and objectives of CBL reports for financial companies
  • European framework
  • Luxembourg framework
• Scope of CBL reports
  • Which financial companies are in the scope?
  • Exclusion rules
• Focus on S.b.S and S.2.16 CBL reports
  • Security by Security report ("S.b.S")
  • S.2.16 report
• Practical cases
  • Preparation of S.b.S
  • Preparation of S.2.16

An attendance certificate will be sent to participants.

This training is coordinated by Damien Brunet, Director and delivered by Grégory Beauchesne, Senior Manager at PwC Luxembourg.

Damien Brunet is a director and certified chartered accountant in Luxembourg and France with over 16 years of experience in accounting and tax. He specialises in alternative investment accounting and tax compliance, focusing on private equity, international structures, and operational companies across various industries. Damien’s key responsibilities include preparing and reviewing accounting and financial reporting, such as annual accounts, GAAP conversion, monthly reports, and tax reporting including tax returns and withholding tax filings. He works within PwC Luxembourg’s Global Compliance Services and Lux GAAP Technical teams, coordinating the Lux GAAP technical team.

Grégory Beauchesne is a senior manager at PwC with over 15 years of experience, initially specialising in private equity and real estate audits where he oversees annual account preparation, daily bookkeeping, CBL reporting, and tax returns for holding, real estate, and private equity entities. As a member of the accounting technical Lux GAAP team at PwC Luxembourg, he develops and delivers accounting training both internally and externally, demonstrating strong leadership in technical expertise and client service within his specialized industries.