clusters & technical committees · the cluster is also represented at european and...
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CLUSTERS & TECHNICAL COMMITTEES 2019
2,200 EXPERIENCED PROFESSIONALS
110 CLUSTERS, TECHNICAL COMMITTEES & RELATED WORKING GROUPS
FOR THE BENEFIT OF THE LUXEMBOURG FINANCIAL SECTOR
Serge de Cillia, CEO of the ABBL
Catherine Bourin, Member of the Management Board
Camille Seillès, Secretary General & Member of the Management Board
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The ABBL Clusters and Technical Committees are composed of committed experts of ABBL members contributing their experience on a voluntary basis. They constitute unique platforms to discuss at peer level a very broad range of issues relevant for the financial sector in Luxembourg.
The ABBL Clusters represent major banking and financial business lines and address key strategic issues in their respective fields of activity. The ABBL Technical Committees focus on regulatory matters. They analyse applicable regulations and, where appropriate, define best practices and guidelines. Specific Working Groups are set up to discuss specific issues or to handle particular assignments.
Some 2,200 experienced professionals currently dedicate their time and expertise to around 110 ABBL Clusters, Technical Committees and related Working Groups for the benefit of the Luxembourg financial sector.
Guy Hoffmann, Chairman of the ABBL
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ABBL Clusters represent major banking and financial business lines in Luxembourg.
clusters
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PRIVATE BANKING GROUP
SCOPE OF ACTIONThe Private Banking Group fosters together members of the ABBL
who are active in private banking in order to:
• Represent the specific interests of this business line and define the
initiatives and actions to be taken in the interest, and for the defence
and promotion, of the activities of operators in private banking;
• Enhance the qualifications and professionalism of members
active in private banking by promoting standards, practices and
ethical norms;
• Link with relevant actors that may support its goals inside and
outside of Luxembourg;
• Develop training appropriate for the profession.
The Cluster strives to promote private banking industry positions
on key banking developments and issues within Luxembourg and
internationally, such as client privacy, international mobility for clients
and the future of private banking in a fast-changing market and
regulatory environment.
KEY CONTACT
Mr Fabio Mandorino, ABBL ([email protected])
RETAIL BANKING CLUSTER
SCOPE OF ACTIONThe Retail Banking Cluster aims to foster and defend the professional
interests of ABBL members active in retail banking.
The Cluster addresses the technological and regulatory issues
related to:
• Retail banking products and services for consumers (including
loans and credits);
• Payment accounts;
• Deposits and account structures;
• Means of payment.
The Cluster reviews, on a regular basis, retail customer regulation
and protection provisions, in order to shape and prepare the retail
banking industry of the future.
To such extent, the Cluster closely cooperates with the ABBL
Payments Cluster and payments professionals.
The Cluster finally develops appropriate training for retail banking
professionals.
KEY CONTACT
Mrs Simone Kayser, ABBL ([email protected])
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CORPORATE FINANCE, CAPITAL MARKETS AND CASH MANAGEMENT CLUSTER
SCOPE OF ACTIONThe Cluster is dedicated to banks active in corporate and commercial
banking.
The Cluster focuses on central financial and non-financial intermediation
roles of banks and other intermediaries in the international corporate
and wholesale markets, notably in relation to:
• Corporate finance (including Environmental, Social & Governance
(ESG) finance and loan agency);
• Capital markets (including covered bonds and green bonds, and
ESG investing);
• Cash management (including payments and treasury management).
Beyond services to corporates, the Cluster aims at reinvigorating
the wholesale, multipartite and institutional investor dimension of
financial intermediation within and outside of the Luxembourg financial
centre. The Cluster, in addition, systematically explores relevant
industry ecosystems for the Luxembourg financial services hub at
EU and EMEA level (including interactions with the Luxembourg
Stock Exchange, the European Investment Bank, and the European
Stability Mechanism).
KEY CONTACT
Mr Fabio Mandorino, ABBL ([email protected])
DEPOSITARY BANKING CLUSTER
SCOPE OF ACTIONThe Depositary Banking Cluster fosters and defends the professional
and strategic interests of member banks active in depositary and
custody services, as well as develops policy and market guidelines
for the depositary and custody industry. The Cluster is further
working on setting up relevant training courses for its business line
and serves as main reference point for interactions on depositary
and custody activities with authorities. As such, the Cluster is, inter
alia, represented in various working groups within the Luxembourg
financial sector supervisory authority, Commission de Surveillance du Secteur Financier (CSSF).
The Cluster closely cooperates with the ABBL / ALFI Depositary Bank
Forum (DBF), of which the Cluster is also a member. The Depositary
Bank Forum is a platform composed of ABBL and ALFI members
specialising in custody and/or depositary activities.
The Cluster is also represented at European and international level
in several working groups of the European Banking Federation, the
International Banking Federation as well as the European Trustee
and Depositary Forum.
KEY CONTACT
Mr Gilles Walers, ABBL ([email protected])
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DIGITAL BANKING AND FINTECH INNOVATION CLUSTER
SCOPE OF ACTION
The Cluster’s main objective is to support ABBL’s members in
achieving the digital transformation of their business.
This digital transformation as well as the embracing of FinTech
innovations are of the greatest importance to the future of banks
and traditional financial service providers.
Through a structured approach, the ABBL is in a better position to
monitor and follow the efforts and initiatives taken by the Luxembourg
government as regards FinTech in order to strengthen the financial
sector and the Luxembourg ICT sector at the same time.
Since 2017, the DBFI Cluster has been holding a series of
40 workshops on various themes for ABBL members.
KEY CONTACTMr Andrey Martovoy, ABBL ([email protected])
MAILING LIST
The ABBL has created a FinTech Forum in order to ensure that
members who are not members of the Digital Banking & FinTech
Innovation Cluster are informed of relevant developments. Any
person working for one of the ABBL members may receive the
information sent to the FinTech Forum upon request by email to
PAYMENTS CLUSTER
SCOPE OF ACTIONThe Payments Cluster aims to be the Luxembourg Payments Market’s
voice and a partner of choice for the stakeholders in the payments
domain. The Cluster helps ABBL members to address current and
future challenges as well as to seize opportunities by ensuring an
appropriate level of technology and regulatory watch. This is namely
achieved by monitoring the supply as well as demand sides of the
payments business and by studying possible impacts of identified
changes on the payments business.
The Cluster contributes to make Luxembourg an international
centre of excellence for payments by setting up and supporting an
innovative payments eco-system and helping attracting regulated
payment service providers (i.e. banks, payment institutions, electronic
money institutions, etc.) as well as payments related support service
providers (i.e. law firms, consultants, technology providers) to the
Luxembourg financial sector.
The Payments Cluster represents the Luxembourg payments eco-
system in national, European and international relevant associations,
organisations and working bodies. The Cluster contributes to the
development and maintenance of the SEPA payments schemes and
provides through the ABBL secretariat the SEPA national adherence
support services to interested payment service providers.
KEY CONTACTMr Antoine van den Bulcke, ABBL ([email protected])
MAILING LISTThe ABBL has created a Payments Forum in order to ensure that
members who are not members of the Payments Clusters are informed
of relevant developments. Any person working for one of the ABBL
members may receive the information sent to the Payments Forum
upon request by email to [email protected].
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MARKET INFRASTRUCTURES CLUSTER
SCOPE OF ACTIONMarket infrastructures are key actors in the behind-the-scenes
of financial markets, ensuring security, resilience and efficiency in
financial market transactions.
The Market Infrastructures Cluster brings together the key market
infrastructures present in the Luxembourg market. The Cluster fosters
and represents the professional interests of these infrastructures
alongside those ABBL members that are active in the securities
settlement and post-trade chain.
The Cluster defends and promotes the specific activities of the
operators of market infrastructures, by developing policy and market
guidelines on specific areas of interest and encourages the dialogue
between other ABBL members and the Cluster members.
Enhancing the cooperation between market infrastructures and
securities settlement actors on one side and market participants
on the other side is as such one of the key aims of the Cluster. The
Cluster is also the main contact point for representing the market
infrastructures’ interests with the relevant national, European and
international authorities. For such purpose, the Cluster is represented
in several working groups within national financial sector authorities,
the European Banking Federation as well as the Federation of
European Stock Markets and the European Central Securities
Depositories Association.
KEY CONTACT
Mr Gilles Walers, ABBL ([email protected])
CONSULTANTS & AUDITORS CLUSTER
SCOPE OF ACTIONThe Consultants and Auditors Cluster fosters and represents the
interests of those audit and consultancy firms which are member
of the ABBL and which have a significant footprint in the financial
industry in Luxembourg and abroad.
Through the exchange of best practices and market intelligence,
the Cluster aims at enhancing the cooperation and the dialogue
between consultants and auditors on one hand and the other ABBL
members on the other hand.
KEY CONTACT
Mr Gilles Walers, ABBL ([email protected])
LAW FIRMS CLUSTER
SCOPE OF ACTIONThe Law Firms Cluster fosters and represents the interests of those
law firms which are member of the ABBL and which have a significant
footprint in the financial industry in Luxembourg and abroad.
Through the exchange of best practices and market intelligence, the
Cluster aims at enhancing the cooperation and the dialogue between
the law practitioners and the other ABBL members.
KEY CONTACT
Mr Gilles Walers, ABBL ([email protected])
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There are currently 10 Technical Committees, reflecting the broad range of technical issues dealt
with by the ABBL for the benefit of its members. Technical Committees focus on regulatory matters
and are an essential extension to the work carried out by the ABBL Clusters.
committees
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ACCOUNTING COMMITTEE
SCOPE OF ACTIONThe Accounting Committee covers the accounting standards applicable
to banks, both at national level (the Luxembourg GAAPs) and at
international level (the IFRS).
MISSION STATEMENTThe mission of the Committee is to provide technical expertise and
advice to the members as regards the implementation of relevant
accounting standards and to represent them towards national and
international authorities with respect to the same.
KEY CONTACT
Mr Gilles Pierre, ABBL ([email protected])
BANKING SUPERVISION COMMITTEE
SCOPE OF ACTIONThe Banking Supervision Committee covers the following matters:
• Prudential banking regulation, e.g. Basel Committee standards,
Capital Requirements Directive and Regulation (CRD/CRR), Bank
Recovery and Resolution Directive (BRRD), deposit insurance;
• Architecture of banking supervision: Single Supervisory Mechanism
(SSM), Single Resolution Mechanism (SRM).
MISSION STATEMENTPolitical and technical issues arising from prudential regulation and from
banking supervision are becoming continuously more numerous and
more complex, with significant impacts on the banking community.
In order to adequately and efficiently address these topics, the
Committee aims at:
• Anticipating regulatory developments and providing to the ABBL
members technical and strategic input via the technical committees
and working groups;
• Influencing new regulations at national, European and international
levels in order to preserve the business model of Luxembourg banks;
• Setting up and conducting training sessions to assist the ABBL
members in implementing new prudential regulations.
KEY CONTACT
Mr Gilles Pierre, ABBL ([email protected])
MAILING LISTSThe ABBL has created a Banking Supervision Forum in order to ensure
that members who are not members of the Banking Supervision
Committee are informed of relevant developments. Any person
working for one of the ABBL members may receive the information
sent to the Banking Supervision Forum upon request by email to
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COMMUNICATION COMMITTEE
SCOPE OF ACTIONThe Communication Committee acts as a think tank mainly focusing on
how to improve the financial centre’s image through common strategic
priorities and concrete communication projects. The Committee’s
priority themes are digital transformation & cybersecurity, financing
growth and sustainability, sustainable finance and financial education.
The Committee is composed of Chief Communication Officers, Heads
of Communication as well as Heads of Marketing. Observers, among
which Luxembourg authorities and agencies, other associations
of the financial centre, and other communications and marketing
professionals, are regularly invited.
MISSION STATEMENTThe missions of the Communication Committee are to strengthen
ABBL members’ communication efforts, to raise awareness, and
to foster knowledge dissemination.
KEY CONTACT
Mrs Judith Gledhill, ABBL ([email protected])
FINANCIAL MARKETS COMMITTEE
SCOPE OF ACTIONThe Financial Markets Committee deals with financial markets
regulation in the wider sense, covering the regulatory framework
for financial services and products as well as market infrastructure.
MISSION STATEMENTThe scope of work of the Committee encompasses regulatory issues
relating to all market-based banking activities, including infrastructure
and products regulations. This includes work streams on EMIR,
PRIIPS, PEPP, MiFID II / MiFIR, as well as prospectus related issues,
Target2 and Target2 Securities, funds regulations, short selling and
shadow banking activities. Additional important topics discussed
within the Committee relate to the Capital Markets Union, CSDs,
market abuse, short selling as well as post-trading considerations.
The Committee serves as a tool for members to exchange in a neutral
environment on best practices in the various areas of concern as well
as advocates for a genuine level-playing field in the field of financial
markets regulation, so as to ensure that underlying regulations do
not constitute a source of competitive distortions for members. As
such, one of the main priorities of the Committee is to lobby for
efficient standards and regulations, which are proportionate and in
the investors’ interest.
One of the main work projects of the Committee are the ABBL
MiFID II Guidelines, which serve as an industry-reference document
for members when implementing and working with MiFID II.
KEY CONTACT
Mr Gilles Walers, ABBL ([email protected])
MAILING LISTSThe ABBL has created a Financial Markets Forum as well as a MiFID
Forum in order to ensure that members who are not members of the
Financial Markets Committee are informed of relevant developments.
Any person working for one of the ABBL members may receive the
information sent to the Financial Markets Forum and/or the MiFID
Forum upon request by email to [email protected].
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LEGAL AFFAIRS COMMITTEE
SCOPE OF ACTIONThe Legal Affairs Committee deals with all banking and financial law issues, which are of relevance for the Luxembourg financial centre
(and which are not specifically addressed by another Committee).
MISSION STATEMENTThe success of the Luxembourg financial centre is notably based on a modern legal and regulatory framework, which has been continuously adapted to the needs of its international and sophisticated clientele. This constant update process is namely achieved through regular consultation between the government, the legislator and the private sector. The ABBL contributes to such evolution and innovation which is beneficial to the financial sector, its clientele and Luxembourg at large. As such, the ABBL is committed to initiate or support changes to the existing legal framework, which are necessary or desirable.
At the same time, banks and investment firms have been facing an unprecedented period of legal and regulatory reforms at European and international level requiring implementation into existing national frameworks. The ABBL is dedicated to foster the transposition of proportionate legal rules for banks ensuring full compliance with the highest standards of professionalism and integrity whilst securing a
level playing field with other jurisdictions.
KEY CONTACT
Mr Jonathan Hug, ABBL ([email protected])
MAILING LISTSThe ABBL is drafting a monthly review of legal developments which is sent to all members. Any person working for one of the ABBL members may receive it upon request by email to [email protected].
The ABBL has further created a Legal Forum as well as a Data
Protection Forum in order to ensure that members who are not
members of the Legal Affairs Committee are informed of relevant
developments. Any person working for one of the ABBL members
may receive the information sent to the Legal Forum and/or the Data
Protection Forum upon request by email to [email protected].
FISCAL AFFAIRS COMMITTEE
SCOPE OF ACTIONThe Fiscal Affairs Committee deals with tax matters that are relevant
for the Luxembourg banking community.
MISSION STATEMENTBanks in Luxembourg, as businesses and employers, generate a
substantial portion of the public revenues. Several ABBL members
feature among Luxembourg’s top taxpayers. In a context of increasing
regulatory and operational costs, the effective level of taxation of
banks needs to remain sustainable and predictable.
The involvement of banks in tax processes has increased significantly
over the last decade. Tax authorities rely extensively on financial
institutions for the purpose of tax collection and the reporting of
tax-related information. The Committee’s priority is to ensure that
relevant standards and regulations remain proportionate and can be
implemented in a cost-effective manner. The ABBL is consistently
advocating for a genuine level-playing field in the field of tax
transparency so as to ensure that the underlying regulations do not
constitute a source of competitive distortion.
KEY CONTACT
Mrs Laétitia Carroz, ABBL ([email protected])
MAILING LISTSThe ABBL has created a Tax Reporting Forum as well as a Taxation
Forum in order to ensure that members who are not members of
the Fiscal Affairs Committee are informed of relevant developments.
Any person working for one of the ABBL members may receive the
information sent to the Tax Reporting Forum and/or the Taxation
Forum upon request by email to [email protected].
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PROFESSIONAL OBLIGATIONS COMMITTEE
SCOPE OF ACTIONThe Professional Obligations Committee handles topics related to
the prevention of the use of the financial system for the purposes
of money laundering or terrorist financing.
MISSION STATEMENTBanks in Luxembourg are being widely known as gathering an
international expertise in various financial fields, thereby attracting
clients from all over the world. Financial products, services and
activities offered by the financial stakeholders hence frequently
encompass a cross-border character with prospects, clients or
beneficiaries based worldwide.
In light of the banks’ commitment to the highest standards in achieving
integrity in their business relationships, the Committee assists members
in their efforts to set up and maintain efficient customer identification
procedures as well as assessment processes for beneficial owners
in terms of reviewing and understanding the purpose and intended
nature of business relationships for purposes of preventing money
laundering and financing of terrorism.
In light of the increasing complexity of and regular changes to the
Luxembourg, European and international legal framework, the ABBL
is dedicated to foster, develop and support the implementation of
proportionate legal rules for bankers to pursue and achieve the
highest standards of integrity and transparency in a cost efficient
manner, without increasing their administrative burden. The ABBL
aims to secure a level playing field for its members, which will not
result in competitive distortions compared to other jurisdictions.
KEY CONTACT
Mr Julien Leroy, ABBL ([email protected])
MAILING LISTSThe ABBL has created a Compliance Forum in order to ensure that
members who are not members of the Professional Obligations
Committee are informed of relevant developments. Any person working
for one of the ABBL members may receive the information sent to the
Compliance Forum upon request by email to [email protected].
SECURITIES COMMITTEE
SCOPE OF ACTIONThe Securities Committee deals with securities regulation in the wider
sense of the notion, covering the regulatory framework for financial
services related to all types of securities and custody services.
MISSION STATEMENTThis Committee is a pivotal Technical Committee within the ABBL, as it
operates ex-ante or ex-post of the work of other Technical Committees
within the ABBL. This Committee covers a large amount of different
work streams and topics, as it encompasses at the same time pre-
trade and post-trade banking activities. Important topics covered
include clearing & settlement, custody, transparency, market abuse,
as well as general securities regulations, such as MiFID II and MiFIR.
The Committee serves as a mean for members to exchange in
a neutral environment on best practices in the various areas of
competence as well as advocates for a genuine level-playing field
in the field of securities regulation so as to ensure that underlying
regulations do not constitute a source of competitive distortions for
our members. As such, one of the priorities of the Committee is to
lobby for standards and regulations, which are proportionate and
can be implemented in a cost-efficient manner.
KEY CONTACT
Mr Gilles Walers, ABBL ([email protected])
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TRUST AND CYBERSECURITY COMMITTEE
SCOPE OF ACTIONThe Trust and Cybersecurity Committee’s purpose is to promote
cybersecurity and information risk aspects across the banking
sector, as well as to act as a connection between the various actors
on the market.
MISSION STATEMENTWith the increased use of digital technologies in private and professional
lifes, the associated risks have synchronously risen over the last few
years. In the Luxembourg financial sector, where risk minimisation is
a key priority, the emerging cyber threats as well as the significant
regulatory requirements have prompted the promotion of a sector-
wide collaboration.
The Committee fosters this cooperation among participating members.
Apart from the individual banking institutions, the member list also
includes prominent actors of the national cybersecurity scene like
the CSSF, the Banque Centrale du Luxembourg and relevant service
providers.
KEY CONTACT
Mr Antoine van den Bulcke, ABBL ([email protected])
MAILING LISTSThe ABBL has created a Trust and Cybersecurity Forum in order
to ensure that members who are not members of the Trust and
Cybersecurity Committee are informed of relevant developments. Any
person working for one of our members may receive the information
sent to the Trust and Cybersecurity Forum upon request by email
SOCIAL AFFAIRS COMMITTEE
SCOPE OF ACTIONThe Social Affairs Committee deals with labour law, the Collective
Bargaining Agreement (CBA) for Bank Employees and social security
matters that are relevant from the perspective of the Luxembourg
financial centre.
MISSION STATEMENTLuxembourg in general and the Luxembourg banking sector in
particular are generally considered as a cost-intensive labour market for
employers. In this context, it is of the highest interest for Luxembourg
banks to have the ABBL assisting them with European and national
legislative developments and lobbying on labour conditions and costs.
These actions are mainly conducted via the involvement of the ABBL
in the works and negotiations both at European (European Banking
Federation) and at national (Union des Entreprises Luxembourgeoises)
level.
Another important building block for the banking sector in terms of
social affairs is the Luxembourg CBA for the banking sector. With,
on average, more than 26,000 employees within Luxembourg
banks, a majority of the employees benefits from a set of advantages
included in the CBA. The CBA is renegotiated on a regular basis
and the interests of the employers need to be well protected and
closely defended.
Finally, some topics have to be closely monitored in the post-crisis
context, such as the evolution of remuneration policies which are
increasingly regulated. All these topics are discussed in a constant
dialogue with the authorities.
KEY CONTACT
Mrs Cristelle Cervellati-Bretnacher, ABBL ([email protected])
MAILING LISTSAll the Heads of Human Resources departments of ABBL members
are included in a mailing list providing them with general information
on labour law (all the members of the ABBL - for the attention of the
Head of Human Resources) and they become automatically member
of the ABBL’s HR Forum.
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WHO WE ARE
The Luxembourg Bankers’ Association (ABBL) is the oldest and largest professional association in the financial sector.
We are committed to the representation and development of the interests of our members and act as the voice of the financial sector at national, European and international level. Via our Clusters, Technical Committees and related Working Groups, we provide technical expertise and knowledge dissemination.
With more than 210 members and related members, the ABBL represents the majority of financial institutions as well as regulated financial intermediaries established in Luxembourg.
WHY JOIN THE ABBLBenefits attached to an ABBL membership for your institution:
• timely and privileged access to critical information via our 110 Clusters, Technical Committees and related Working Groups
• access to relevant authorities and stakeholders in Luxembourg and Brussels via our network
• the ability to rely on the assistance and technical expertise of a strong in-house team
• an exclusive access to our platform of information providing relevant reference documents and tailor-made handbooks on technical subjects
• enhanced visibility via our media and communication activities
• an effective integration into the banking and financial community in Luxembourg
BE PART OF YOUR COMMUNITYFor more information, visit our website: www.abbl.lu
Follow the ABBL on:
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LIST OF ABBL CLUSTERS, RELATED WORKING GROUPS AND FORUMS AS OF SEPTEMBER 2019
PRIVATE BANKING GROUP, LUXEMBOURG (PBGL)
PBGL: WG “External Asset Managers”
PBGL: WG “Private Banking Certification”
PBGL: WG “Promotion”
PBGL: WG “Statistics & Business Intelligence”
RETAIL BANKING CLUSTER, LUXEMBOURG (RBCL)
RBCL: WG “Bank accounts”
RBCL: WG “Credit Register”
RBCL: WG “Mortgage Credit”
RBCL: WG “Mortgage Credit" Sub-WG "Early repayment compensation”
RBCL: WG “Physical Security”
RBCL: WG “Real Estate Data”
RBCL: WG “Retail Banking Survey”
CORPORATE FINANCE, CAPITAL MARKETS AND CASH MANAGEMENT CLUSTER, LUXEMBOURG(C3)
C3: WG “AnaCredit Regulation”
DEPOSITARY BANKING CLUSTER, LUXEMBOURG(DBCL)
DBCL: WG “Depositary Practices UCITS”
DBCL: WG “Look-Through and Control”
DBCL: WG “Review of CAA deposit agreement”
DBCL: WG “Statistics and Business Intelligence”
DIGITAL BANKING & FINTECH INNOVATIONS CLUSTER, LUXEMBOURG (DBFI)
Task Force “Digital Finance Training Courses”
DBFI: WG “Big Data / Data Analytics”
DBFI: WG “Cloud Computing”
DBFI: WG “Distributed Ledger Technology”
DBFI: WG “Innovation Workshop Committee”
DBFI: WG “Project Pilot”
FinTech Forum
PAYMENTS CLUSTER, LUXEMBOURG
Task Force “Instant Payment Roll-out”
WG “Instant Payment”
WG “Payments regulation”
WG “Payments regulation” Task Force “PSD2 / API Standardisation”
WG “Payments regulation” Task Force “PSD2 Guide”
WG “Payments regulation” Task Force “PSD2 LuxTrust”
WG “SEPA Evolution and Maintenance”
WG “LIBRA”
MARKET INFRASTRUCTURES CLUSTER, LUXEMBOURG (MICL)
MICL: WG “Market Standards”
MICL: WG “Regulations”
MICL: WG “Transaction Reporting”
CONSULTANTS & AUDITORS CLUSTER
LAW FIRMS CLUSTER
Payments Forum
BANKING SUPERVISION COMMITTEE
Roundtable SSM significant banks
WG “Banking Recovery and Resolution Directive”
WG “Credit Risk: IRB Approach”
WG “Credit Risk: Real Estate Financing”
WG “Credit Risk: Standardised Approach”
WG “Deposit Insurance”
WG “Large Exposures”
WG “Liquidity Risk Management”
WG “Liquidity Risk Management" Sub-WG "Operational deposits for custodian banks”
WG “Operational Risk”
WG “Outsourcing Regulation”
WG “Supervision of LSIs”
Banking Supervision Forum
COMMUNICATION COMMITTEE
WG “Branding”
WG “Digital Customer Experience”
TRUST AND CYBERSECURITY COMMITTEE
WG “ICT Risk Management”
WG “MISP”
Trust and Cybersecurity Forum
SPECIAL WORKING GROUPS & OTHERS
WG “Corporate Social Responsibility”
WG “Sustainable Finance”FISCAL AFFAIRS COMMITTEE
WG “Corporate Taxation”
WG “Human Resources Taxation”
WG “Investment Income”
WG “Tax Reporting Standards” (TRS)
WG “US Tax Issues”
WG “VAT”
LEGAL AFFAIRS COMMITTEE
WG “Data Protection”
WG “Demand Guarantee”
WG “Fair Consumer Protection Rules”
WG “Inactive Accounts”
Data Protection Forum
Legal Forum
LIST OF ABBL TECHNICAL COMMITTEES, RELATED WORKING GROUPS AND FORUMS AS OF SEPTEMBER 2019
ACCOUNTING COMMITTEE
FINANCIAL MARKETS COMMITTEE
Steering Committee MiFID
Steering Cttee MiFID: WG “Client Relationship Impact”
Steering Cttee MiFID: WG “Governance Impact”
Steering Cttee MiFID: WG “Legal Impact”
Steering Cttee MiFID: WG “Market Impact”
Steering Cttee MiFID: WG “Reporting & Data Impact”
Task Force Securitisation
WG “Benchmarks Regulation”
WG “ESG Compliant Financial Product”
WG “European Market Infrastructures Regulation” (EMIR)
Financial Markets Forum
MiFID Forum
Tax Reporting Forum
Taxation Forum
SECURITIES COMMITTEE
WG “Shareholders’ Rights Directive 2”
SOCIAL AFFAIRS COMMITTEE
WG “Data Protection and Human Resources”
WG “Diversity”
WG “Remuneration Policies Requirements”
HR Forum
PROFESSIONAL OBLIGATIONS COMMITTEE
WG “Economic Sanctions”
WG “Funds Transfers”
WG “GDPR and AML”
WG “KYC and Identificaiton of Beneficial Owners”
WG “Other Internal Procedures”
WG “Risk Based Approach”
Compliance Forum
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ICT Forum
CONTACTABBL A.s.b.l.
12, rue Erasme | L-1468 Luxembourg
P.O. Box 13 | L-2010 Luxembourg
T (+352) 46 36 60-1 | F (+352) 46 09 21
E [email protected] | www.abbl.lu
© ABBL - This publication may not be reproduced, either in full or in part, without the prior permission of the ABBL.