INSTITUT DE FORMATION BANCAIRE, LUXEMBOURG

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INSTITUT DE FORMATION BANCAIRE, LUXEMBOURG

• Luxembourg Institute for Training in Banking

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IFBL A portrait

• 28/12/1990ABBLs 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)

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Mission
IFBL A Portrait
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.

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Our training offer5 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 participants working day
• Quality assured
• Quality circles definition of needs, drafting
  and validation of course content and exam
  questions, etc.

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Our courses 5 pilars
Certifications international or
sector-specific
Module
Module
Conferences
Tailor-madetraining
Module
Module
Training pathways
E-learning
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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
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Training pathways
Modules

• 4 categories
• 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
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International/sector specific qualifications
Certifications and partnerships

• Importance of having ones 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

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Conferences
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
• Topical themes
• Needs expressed by customers

• Topical themes
• Upskilling
• Workshops and seminars

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E-learning
E-learning
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

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Tailor-made courses

• 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