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

Compounded annual growth rate of the regulatory investment cost per institution


Between 2015 and 2020

Highest AML spend for one bank of the mid size segment


vs. €630k on average

Percentage of banks' total investment spent on regulation


in 2019

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

Download Survey