Overview
Lobbying Costs
75,000€
Financial year: Jan 2018 - Dec 2018
Lobbyists (Full time equivalent)
2.5 Fte (10)
Lobbyists with EP accreditation
0
High-level Commission meetings
2
Lobbying Costs over the years
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Info
KBL European Private Bankers S.A.
EU Transparency Register
806168136501-27 First registered on 07 Nov 2019
Goals / Remit
KBL operates its Private Banking network across six European countries under local brands with local entrepreneurial managements and own (banking) license with the exception of KBL España being a branch of KBL.
As at 31st December 2018, KBL had € 39,5 bln of Private Banking AuMs, generating € 38,6 mln core operating profit (excl. capital gains and exceptional), and employing 1.799 FTEs, of which 309 Private Bankers.
1.1.1.1. Culture
KBL Group model is based on the conviction that Private Banking must be a client-centric activity with a strong accent on specific local needs, cultural awareness and local investors’ preferences. The entrepreneurial spirit and the commercial autonomy of each entity are seen as key success factors, especially when compared to bigger institutions, which often enforce very integrated commercial approaches. In order to maximize customer satisfaction, private bankers are working to position themselves as trusted advisors to their clients. Their mission is to advise each client individually based on his profile and expectations. With a human dimension, all entities thus work under their own local brand - with a focus put on strong local onshore brands - and with their own cultural specificities. However, in a constant balancing act, KBL identifies developments and services that may benefit from economies of scale when managed centrally.Main EU files targeted
The main EU initiatives, policies and legislative files followed by our organization are mainly banking specific regulations among whicj :
- BRRD3
- CBDR
- CBPR
- CRD V
- CRR II
- DSIR
- ePrivacy
- NPLR
- NCD
- SRM II
- SRD II
- ESMA Guidelines
- PSD II
- DAC 6
- GDPR
- MiFID II
- etc ...
All the topics are followed by our PMO, COmpliance and Risk departments, ensuring the bank of its compliance.Address
Head Office
43 Boulevard Royal
Luxembourg 2955
LUXEMBOURGEU Office
Avenue Herrmann-Debroux 46
Auderghem 1160
BELGIUM -
People
Total lobbyists declared
10
Employment time Lobbyists 25% 10 Lobbyists (Full time equivalent)
2.5
Lobbyists with EP accreditation
No lobbyists with EP accreditations
Complementary Information
The persons having direct interactions with EU institutions is relatively limited and can be summarized to the bank's top management and Heads of Risk / Compliance / Legal entities.
For all activities mentioned above and that shouldn't be included in the FTE count, there is no dedicated entity working on European policies, initiatives, and legislative files, however, they are all followed by several support teams such as Compliance, Risk, PMO, Legal and Corporate Center.
Assessing the precise number of FTE working on those topics is complex and the assessment made above is an approximate figurePerson in charge of EU relations
Mr Siegfried Marissens (Secretary General, Regulatory Affairs)
Person with legal responsibility
Mr Jean-Nicolas Durand (Head of Legal)
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Categories
Category
II - In-house lobbyists and trade/business/professional associations
Subcategory
Companies & groups
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Networking
Affiliation
KBL is a member of the ABBL (Luxembourgish Bank's association) and member of several banking organizations throughout all countries it is implemented in (UK/Germany/Netherlands/Belgium).
Member organisations
None declared
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Financial Data
Closed financial year
Jan 2018 - Dec 2018
Lobbying costs for closed financial year
75,000€
Other financial info
None declared
-
EU Structures
Groups (European Commission)
none
Groups (European Parliament)
None
Communication activities
As stated in the answer above, European policies are all implemented throughout the organization.
As far as public relations and communication are concerned KBL's Group Corporate Communication is in charge of liaising with the media on each of the bank's milestones in Europe and globally.
For instance, Mr.Zeltner's nomination as Group CEO and all the new senior management has been led by our Communications team. All our M&A projects within Europe are also covered by the same team.Other activities
None declared
Meetings
Meetings
2 meetings found. Download meetings
The list below only covers meetings held since November 2014 with commissioners, their cabinet members or directors-general at the European Commission; other lobby meetings with lower-level staff may have taken place, but the European Commission doesn't proactively publish information about these meetings. For more information about which commissioner is responsible for which portfolio, check out this link: https://commissioners.ec.europa.eu/index_en All information below comes from European Commission web pages.
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Date 06 Apr 2022 Location Brussels Subject CMU DG Financial Stability, Financial Services and Capital Markets Union Attending - John Berrigan (Director-General)
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Date 23 Apr 2020 Location Virtual meeting Subject COVID-19 situation and the impact on Financial Markets DG Financial Stability, Financial Services and Capital Markets Union Attending - John Berrigan (Director-General)