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Survey on the cost of regulation and its impact on the Luxembourg financial centre

For the third time, the members of the Luxembourg Bankers’ Association (ABBL) have been invited to participate in a survey to assess the cost of compliance to financial regulations. As in 2014 and 2016, the survey has been conducted by ABBL and EY.

Banking sector regulatory matters spend in Luxembourg for 2020
*extrapolated data
Highest AML spend for one bank of the mid size segment
vs. €630k on average
Compounded annual growth rate of the regulatory investment cost per institution
Between 2015 and 2020
Percentage of banks' total investment spent on regulation
in 2019

Discover and download the full EY - ABBL 2020 cost of regulation survey

Download Survey

Our Team

Vincent Galand

EY Luxembourg Consulting, Risk Partner
Experienced banking risk management and regulation expert. Experience both as consultant and as Chief Risk Officer of a bank. Loves music. Plays the guitar and collects instruments.
Luxembourg, LUX

Benjamin Accadia

EY Luxembourg Business Consulting Partner
Seasoned business advisor serving the financial services industry with a focus on strategy and transformation.
Luxembourg, LUX

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