Employees of the financial sector need to continously keep abreast with the latest financial, regulatory, legal and fiscal developments. The Luxembourg Institute for Training in Banking (IFBL), founded by the ABBL, offers training programmes tailored to the needs of the Luxembourg financial centre and its actors. Training programmes are pragmatically orientated and are thus perfectly in line with participants' day-to-day professonial life. The Institute also offers a number of qualifications in specific fields of activity that are developed in concertation with national and international professional organisations. These include qualifications in Compliance, investment funds, Private Banking, financial markets, capital markets and financial risk management.