The cost of implementing banking sector regulations has risen by an annual average of 16% since 2015 says a recent study by the the Luxembourg Bankers Association (ABBL) and major accounting firm EY.
ABBL
Request to review costly bank regulation
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Neobank challenge on the horizon
Leading European digital banks now have nearly 100m customers. This is according to research by Accenture presented at a ABBL online roundtable on 10 June
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GDPR and Brexit: another deadline
Personal data transfers in general, and in the financial sector in particular, are one of the many gaps in the Brexit trade and cooperation agreement
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Transfers: Arendt Services, KPMG, EY partners, ABBL
Arendt Services Benjamin Collette has been appointed new CEO of the business, accountancy and tax services department of Luxembourg-based law firm Arendt & Medernach. He
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Luxembourg banks find new growth niche
Despite a Brexit-inspired influx of banks to Luxembourg, the number of banks active in the country is dwindling. At the same time however, many of
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Luxembourg bankers support mutualisation of finance functions
Luxembourg banks want to work together to create common standards on certain compliance-related functions, a survey by the Luxembourg Bankers’ Association ABBL among its member
/en/news/luxembourg-bankers-support-mutualisation-finance-functions
