INSTITUT DE FORMATION BANCAIRE, LUXEMBOURG Luxembourg Institute for Training in Banking

IFBL: A portrait 28/12/1990: ABBL’s training department becomes the Institut de Formation Bancaire, Luxembourg (IFBL) Foundation Officially authorised as organiser of continuing vocational training courses (ministerial order of 17 May 1999)

IFBL: A Portrait Mission Objectives To induct every bank sector employee through our core module “Insertion, or induction training”. To develop individual skills and knowledge. To foster a wish for continuing training and a desire to achieve internationally recognised qualifications. To accompany every employee in his professional development or in retraining for a career in the banking sector. Train those employed in the Luxembourg financial centre in banking and banking-related careers.

Our training offer: 5 key principles Transparent: courses are clearly defined by category and product Modular: short and sharply targeted modules no repetition of content in the various modules Flexibility: courses and exams can be taken independently Pragmatic: training essentially directed towards practice and fully adapted to participant’s working day Quality assured: “Quality circles”: definition of needs, drafting and validation of course content and exam questions, etc.

Certifications international or sector-specific Our courses: 5 pilars Certifications international or sector-specific Module Module Conferences Tailor-made training Module Module Training pathways E-learning

Training pathways 3 pathways Induction Thematic pathways E.g. The Culture of Finance (5 modules) E.g. Taxation (10 modules) E.g. Money markets and stock markets (10 modules) Professional pathways E.g. Private Banking career paths: Private Banking Assistant Private Banking Relationship Manager (in preparation) Financial Adviser (in preparation) Financial Planner Module Module Module Module Training paths

Training pathways Modules 4 categories 4 outcomes Training pathways The Culture of Finance Markets and Finance Banking and financial products Bank support functions and services 4 outcomes “understand” “sell and advise” “exploit and master” “know” Module Module Module Module M1 M2 M3 Training pathways M’

International/sector specific qualifications Certifications and partnerships Importance of having one’s skills recognised and certified Within the sector At international level Training in Compliance, ALCO Undertakings for Collective Investment, ALFI IFBL Certified Private Banker Financial Markets Foundation Course, ICMA Centre (Reading) Capital Markets and Financial Instruments, ICMA Luxembourg Financial Risk Management, PRIM

Conferences Topical themes Upskilling Workshops and seminars 3 types of conference Specials Topical themes 1.5 – 2 hours 3 languages  Workshops Essentially practical 0.5 – 2 days E.g. Human Resources cycle Seminars Needs expressed by customers Topical themes Upskilling Workshops and seminars

E-learning E-learning Case studies Prevention of money laundering and the financing of terrorism Case studies Opening of personal and company accounts Exercises, multiple choice questions, instant feedback, simulations, references to legislation Internet/client intranet MiFID Directive General Overview Impact of MiFID on banking activities Online Training

Tailor-made courses Tailored to needs Flexible timetabling Why use the IFBL? Extensive portfolio of trainers/experts Wide-ranging expertise 3 languages Some examples Companies and structures Anti-money laundering training Financial products The business and organisation of banking Tailored to needs Flexible timetabling Personalised