Courses in english

S1009 - Financial derivative instruments

Durée

2 jours

Public cible

This program is dedicated to professionals of the financial markets : traders, back/middle office, risk managers, accountants, compliance officers, etc.

Objectifs

This program aims to present the features and uses of financial derivatives in a clear, practical way, with numerous real market examples and exercises. The risks associated to the use of derivatives are also analyzed.

Description

• General :
  • derivative (forward) instruments ;
  • the interests yield curve ;
  • OTC vs exchange products.
• Forward interest rates :
  • concept, valuation ;
  • forward foreign exchange ;
  • FRAs.
• Futures contracts :
  • the futures exchange, margining system ;
  • theoretical vs market price ;
  • futures on stock indexes : speculative trading / hedging ;
  • futures on bonds ;
  • futures on commodities.
• Swaps contracts :
  • IRS, CRS, terminology, contracts features ;
  • Swaps valuation ;
  • the ISDA documentation ;
  • unwinding of a swap ;
  • the swap rates market & yield curve ;
  • speculative trading with swaps ;
  • hedging with swaps.
• Options contracts :
  • definitions & terminology ;
  • the basis of option valuation ;
  • the 4 fundamental strategies ;
  • options on stocks & stock indexes : speculative trading and hedging operations ;
  • options on interest rates (caps, floors, collars) ;
  • swaptions.
• Credit risk derivatives :
  • notions of credit risk ;
  • contractual aspects ;
  • credit risk valuation ;
  • CDS (credit default swap) / TRS (total return swap).

S1050 - Hedge Funds

Durée

2 jours

Public cible

This program is dedicated to professionals of the financial markets : traders, back/middle office, risk managers, accountants, compliance officers, etc.

Objectifs

This program aims to present the features of hedge funds activities, and more generally, of alternative invesment : rationale, underlyings and asset classes, investment styles and related risks including many real market examples and exercises.

Description

• Alternative vs traditional investment.
• Hedge funds, as an alternative investment vehicle; main features.
• The theoritical background; alpha vs beta source of profit.
• Hedge funds assets allocations.
• Hedge funds use of financial instruments & derivatives.
• Hedge funds styles.
• Hedge funds performance & risks.
• Funds of hedge funds.

S1069 - Investment funds in Luxembourg

Durée

2 jours

Public cible

This seminar is for people who want to understand investment funds and their importance for Luxembourg.

Objectifs

This seminar aims to provide the basis for understanding the mechanisms of operation investment funds, as well as the importance of this industry for the Luxembourg financial center. It also gives elements of understanding on management and distribution of investment funds.

Description

• Investment funds :
  • funds characteristics ;
  • different types of funds ;
  • interest of investment funds.
• Investment funds administration :
  • fund accounting ;
  • net asset value computation ;
  • register of shareholders.
• Fund management :
  • portfolio management ;
  • respect of the objectives ;
  • performance and risk.
• Investment funds distribution :
  • distributors ;
  • prospectus ;
  • KIID.
• The place of Luxembourg :
  • importance of investment funds ;
  • place financière, a brief history ;
  • Outlook.

S1185 - Selling financial services

Durée

Public cible

This seminar is aimed at any member of staff in contact with customers and selling financial product and services.

Objectifs

This seminar aims to allow you to sell faster and better thanks to a systematic approach and a proven product description. Case studies can be defined by the participants if they so wish. In any event they are geared towards the reality of the financial centre and the economic environment.

Description

• Marketing :
  • what is a brand ?
  • the marketing approach ;
  • the basic principles of marketing ;
  • customer profiling ;
  • competition.
• Financial products in the economic environment :
  • a mental framework for economics ;
  • the interest rates ;
  • the intervention of the central bank ;
  • the research of a balance between various policies.
• The selling technique :
  • selling in four phases ;
  • harmony within a transaction framework ;
  • the delicate situations ;
  • the follow-up ;
  • selling through various communication channels.
• Exercise typology :
  • the sale of asset products ;
  • the sale of liabilities products ;
  • the sale of off-balance sheet products ;
• The basic principles of asset allocation.

S1192 - Advanced Lux GAAP - mastering the fundamentals

Durée

Public cible

This seminar is aimed at all professionals looking for a training that provides a working knowledge on accounting and F/S under Lux GAAP.

Objectifs

This seminar aims to give a comprehensive review of Lux GAAP, based on a detailed analysis of its local sources. The purpose is to deal more efficiently with a principles-based set of accounting rules where a detailed guidance is not easily accessible (legal commentaries being in French only) and its lacking for certain items.

Description

• The real meaning of "Lux GAAP".
• The legal framework, i.e. accessing and understanding :
  • the commercial law ("Code de Commerce") ;
  • the company law
  • the current amended version of the applicable laws and grand-ducal regulations on the annual accounts and on the consolidated annual accounts;
  • the regulations on the Standard Chart of Accounts ("Plan comptable normalisé") and on the electronic filing of the annual accounts.
• Comprehensive study of the classic Lux GAAP (with illustrative examples) :
  • the balance sheet and its components ;
  • the profit and loss account and its components ;
  • the other statements (legal options).
• The alternative use of the IFRS or of the "Lux GAAP at fair value"(legal options). 
• The use of other GAAP in Luxembourg (legal departure).

Notes

A course session is available in French (with the same course material in English).

S1204 - Advanced Lux GAAP - complex accounting treatments and financial reporting disclosures

Durée

Public cible

This seminar is aimed at professionals having an understanding of Lux GAAP (see training S1192) and willing to develop their knowledge.

Objectifs

This seminar aims to provide workable solutions derived from the local accounting practice (including the "plan comptable normalisé" or PCN) or from other GAAP (insofar the latter can be adapted to the Luxembourg GAAP). It includes exercices or illustrative materials on the accounting treatment and on the annual accounts' disclosure.

Description

• Analysis of selected balance-sheet items :
  • rights in immovable property (the "droits réels immobiliers") ;
  • finance lease ;
  • specific value adjustments on shares ;
  • specific value adjustments on other securities ;
  • optional use of fair-value of non-financial assets ;
  • optional use of fair-value of financial assets ;
  • provision for pension ;
  • specific value adjustments on financial liabilities.
• Analysis of selected profit and loss account items :
  • specific issues with revenue recognition ;
  • financial income and expenses;
  • foreign currencies' translation versus similar transactions ;
  • deferred taxes.

Notes

A course session is available in French (with the same course material in English).

S1215 - Essentials of financial derivative instruments

Durée

Public cible

This program is dedicated to professionals of the financial markets : traders, back/middle office, risk managers, accountants, compliance officers, etc.

Objectifs

This program aims to present the features, risks and uses of financial derivatives for non practitioners, in a clear, practical way with numerous real market examples.

Description

• General about derivatives instruments and markets :
  • OTC market vs exchanges. 
• Introducing forward products : 
• • futures and forwards on stock indexes ;
  • IRS swaps ;
  • options on stocks and stock indexes ;
  • bonds & interest rates ;
  • currencies ;
• Commodities :
• • principle & main uses (hedging , speculative trading).
• Credit derivatives :
• • the default risk concept and measure ;
  • contractual aspects (ISDA).
• Products :
• • CDS, TRS.

S1223 - Pricing, valuation of derivative products

Durée

Public cible

This program is dedicated to professionals of the financial markets : traders, back/middle office and risk managers.

Objectifs

This program aims evidencing in a clear way, without focusing on pure mathematical developments, the fundamentals of derivatives prices, hypotheses and limits of usual methodologies, with real market examples.

Description

• Fundamental principles and tools for valuing derivative products :
• • the major role of the yield curve and corresponding forward prices.
• Pricing/valuation of unconditional derivatives (forwards , futures , swaps) :
  • on stocks and stock indexes ;
  • bonds & interest rates ;
  • currencies ;
  • commodities.
• Pricing/valuation of conditional derivatives (options) :
  • in a contingent environment ("random walk" , volatility) ;
  • on stocks and stock indexes ;
  • bonds & interest rates ;
  • currencies.
• Pricing/valuation of credit derivatives.

S1225 - Business plan and budgets

Durée

Public cible

This seminar is aimed at everyone willing to understand business planning and budgeting techniques.

Objectifs

This seminar aims to provide knowledge on business plan building techniques and it especially insists on budget aspects of a business plan. It aims to provide basic budgeting techniques as well as simple methods regarding product and services offering definition and pricing techniques.

Description

• Business plan :
  • what is the purpose of a business plan ?
  • what should be included in a business plan ?
  • what is the purpose of a forecast budget?
• Data needed to achieve a forecast budget :
  • business requirements and investments ;
  • products / services pricing ;
  • turnover forecast ;
  • marketing, communication and costs ;
  • charges ;
  • depreciation ;
  • taxes.
• Financial data / Budget estimate :
  • funding plan ;
  • forecast result ;
  • profitability threshold / breakeven ;
  • working capital requirements / cash.
• Examples.

S1250 - Advanced Lux GAAP : financial and non-financial reporting disclosures, including rights and commitments

Durée

Public cible

Ce séminaire s'adresse aux professionals looking for a training that provides a working knowledge on F/S under Lux GAAP.

Objectifs

Ce séminaire vise à give a comprehensive review of Lux GAAP, based on a detailed analysis of its local sources. The purpose is to deal more efficiently with a principles-based set of accounting rules where a detailed guidance is not easily accessible (legal commentaries being in French only) and its lacking for certain items.

Description

• Impact of the classification of the undertaking on the level of reporting disclosures
• Financial disclosures
  • Influences of the general accounting principles;
  • Requirements of section 8  of the Accouting law (art. 65 seq.);
  • Requirements of related articles existing in other sections of the Accounting law;
  • Requirements of other laws and regulations.
• How to deal with a legal requirement expressed in general terms/the absence of accounting best practice ?
• Comprehensive review of the rights and commitments
  • Guarrantees, pledges and similar collaterals;
  • Technical guarantees
  • Commitments to the benefits of the undertaking's bodies; for the purchase of fixed assets; etc.
  • Finance lease
  • Forward contracts
  • Option contracts
  • Other rights and commitments
• Comprehensive review of the related party transactions
• Non-financial disclosures: elements existing in
  • the notes to the annual accounts;
  • the management report;
  • the payments to governements report.
• Illustrative examples will be used to set up an interactive discussion.

Notes

A course session is available in French (with the same course material in English).

S1251 - "PCN 2020" : implementing the new Standard Chart of Accounts

Durée

Public cible

Ce séminaire s'adresse aux professionals looking for a working knowledge on the "PCN 2020" implementation (accounting and F/S).

Objectifs

Ce séminaire vise à provide a practical analysis of the differences between the current and the future version of the SCA. Such knowledge should allow the attendant to identify the impacts (accounting and statutory F/S) of the SCA for its accounting practices, and to update the later; subsequently, to use appropriately the flexibility left by the 2020 SCA.

Description

• Update on the sectoral and individual filing exemptions for the Standard Chart of Accounts (SCA).
• The 2009 version of the Standard Chart of Accounts.
• The draft Grand-Ducal Regulation, dated June 22, 2018 :
  • the weaknesses of the SCA's original version for the public administrations ;
  • the discrepancies with the Accounting law (changes in law occured in 2013 and 2015) ;
  • the remedies to the above issues in the said draft regulation, including the automatically generated  B/S and P/L (eCDF).
• The related eCDF electronic documents. 
• The available explanatory materials. 
• Analysis of the differences between the current SCA and the 2020 SCA, i.e. accounts that will be created; suppressed; merged; split; transferred to an other caption of B/S or P/L. 
• Illustrative examples of accounting treatments (before and after) :
  • acquisition cost of assets ;
  • gain/loss on disposals of assets ;
  • non-distributable reserves ;
  • results of the year ;
  • investment subsidies ;
  • payroll expenses ;
  • other operating income/expenses ;
  • deferred taxes ;
  • etc.
• The mapping from the SCA to the F/S ("Tableau de passage") :
  • a new component of the F/S filing package ;
  • an new allowance for flexibility?
• Foreseeable impacts of the 2020 SCA on LUX GAAP for :
  • the public administrations ;
  • the other users.

Notes

A course session is available in French (with the same course material in English).

S1260 - Derivatives - Forward contracts and Swaps

Durée

Public cible

This seminars is dedicated to relationship officers , back/middle office executives, risk managers, accountants, compliance officers, etc.

Objectifs

Derivatives - Forward contracts and Swaps

Description

• Yield curve.
• Principle of a forward operation.
• FRAs, forex forwards, fundamentals of NDFs & CFDs.
• Uses of forward contracts.
• Fundamentals of a swap contract.
• IRS, CRS o Uses of swaps contracts.

S1261 - Derivatives - Options contracts - the fundamentals

Durée

Public cible

This seminars is dedicated relationship officers, back/middle office executives, risk managers, accountants, compliance officers, etc.

Objectifs

Derivatives - Options contracts - the fundamentals

Description

Definition, terminology
Value of an option contract
Contractual terms of an option contract
Strategies: the main options uses
Options vs Forwards
Options on stocks & stock indexes: speculative trading and hedging

S1262 - Fund management - Alternative funds vs traditional funds

Durée

Public cible

This seminar is dedicated to portfolio managers & sales, back/middle office executives, risk managers, accountants, compliance officers, etc.

Objectifs

 Fund management - Alternative funds vs traditional funds

Description

• Traditional investment features Fundamentals of Portfolio Management Theory (CAPM).
• Traditional portfolio management in practice active vs passive management, ETFs.
• Alternative fund/portfolio management a step ahead of CAPM and long only portfolios
• Hedge funds as alternative investment funds.
  

S1263 - Risk management - Financial risks in funds/portfolio management

Durée

Public cible

This seminar is dedicated to portfolio managers & sales, back/middle office executives, risk managers, accountants, compliance officers, etc.

Objectifs

Risk management - Financial risks in funds/portfolio management

Description

• Market risk, incl. currency risk Credit (default) risk.
• Liquidity risk.
• Operational risk.
• Risk management methodology.

S1264 - Valuation of derivatives - Tools for valuation of derivatives

Durée

Public cible

This seminar is dedicated to portfolio managers, back/middle office executives, risk managers, accountants, compliance officers, etc.

Objectifs

Valuation of derivatives - Tools for valuation of derivatives

Description

• Yield curve, no arbitrage principle, fundamentals of financial theory Fundamentals of stochastic calculus.
• Calculation of a forward contract, its role in swaps & option pricing.
• Theoretical/fair price vs market price.
• Model risk.
  

S2218 - The Emotional Intelligence (EI)

Durée

Public cible

This seminar is aimed at increasing the awareness of Emotional Intelligence (EI) and developing its competences.

Objectifs

This seminar aims to help you to recognize the basic elements of Emotional Intelligence (EI), identify the skills and behaviors associated with emotional competences. During this seminar you will explore and reflect on your own personal and social elements of EI, you will gain knowledge and skills how to start consciously reinforcing them on an ongoing basis.

Description

• Emotional Intelligence (EI) :
  • what is EI ?
  • the evolution of EI ;
  • why EI is so crucial in today's society ?
• The emotion :
  • what is the emotion ?
  • the basic emotions ;
  • the role of your emotions in your behaviour ;
  • understanding your own emotions ;
  • understanding the emotions of others.
• Personal elements of EI :
  • self-awareness: emotional awareness, self-assessment, self-esteem, and self-confidence ;
  • self-regulation: self-control, adaptability, and transparency ;
  • motivation.
• Social elements of EI :
  • empathy: active listening, the importance of body language and tonality, elements of the empathic communication ;  
  • social skills: building rapport with others, cooperating with others, managing the relationships, socializing with people of different mindsets.
• Self-assessment :
  • How to increase emotional competence through self-awareness and self-regulation ?
  • How to increase emotional competence through social awareness and social skills ?

S2225 - Building and reinforcing assertiveness skills

Durée

Public cible

This seminar is aimed at anyone willing to build and reinforce assertiveness skills.

Objectifs

This seminar aims to enable you to understand assertive behaviour and how it differs from aggressive and passive behaviour. Assertiveness is a journey, which requires engagement and practice. You will analyze what stops you from being assertive, gain knowledge and skills how to start changing it and respond in accordance with your inner needs and standards.

Description

• Awareness Part :
  • characteristics of different behaviours ;
  • is our behaviour in certain circumstances automated ?
  • conscious response versus automated reaction ;
  • what is the assertive behaviour ?
  • what are the benefits of assertive behaviour ?
  • how can we recognize assertive behaviour ?
  • what is the difference between being assertive and being arrogant ?
  • what are the benefits of interacting with an assertive individual ? 
  • what are the benefits of communicating assertively ? 
  • the different types of aggressive communication behaviour ;
  • disadvantages of aggressive behaviour ;
  • body language and tone of the voice associated with behaviours ;
  • workplace and assertiveness.
• Self-discovery Part :
  • what stops me from being assertive ?
  • consequences of unassertive behaviour ;
  • how can I give myself the right to be assertive ?
  • how can I voice my needs, dreams with inner confidence and respect towards others ?
  • to what do I want to say No and how can I do it assertively ?
  • how can I respond assertively when feeling pressure ?
  • how can I respond assertively when facing aggressive individuals ? 
  • opening yourself to compliments ;
  • opening yourself to the constructive negative feedback ;
  • living with my own standards and agreement with myself.

S2303 - Tips to work in emergency

Durée

Public cible

This seminar aims at anyone working in a stressfull and time-sensitive context, willing to develop skills and tools to work serenely.

Objectifs

This seminar aims to identify urgent tasks in your activity, understand your individual positioning when facing emergency and develop your toolbox to work more smoothly in emergency conditions.

Description

• Identify emergencies in your business environment :
  • prioritize the emergencies ;
  • anticipate planned emergencies ;
  • formalize an action plan.
• Assume the level of urgency :
  • don't rush yourself to take better decisions ;
  • focus optimally ;
  • maintain good communication with the ones around you.
• Make a feedback :
  • assess the emergency ;
  • analyze the chosen response to the emergency ;
  • identify your fatigue level when managing emergency.

S2316 - Conscious Leader Training - leadership styles, power of perception & emotions

Durée

Public cible

This seminar is suitable for leaders to reinforce their competencies and people willing to prepare for a future leadership role.

Objectifs

This seminar bring awareness on core leadership competencies: leadership styles and their impact on the relationship between the leader and team member, awareness about biases and the influence they can have on the organization and also aims at basic awareness of the EI and its importance in the workplace.

Description

• Leader role and leadership styles : 
  • what makes a leader role important ?
  • importance of trust in the relationship leader team member ;
  • leadership styles ; 
  • what is my natural leadership style ?
  • which leadership style do I want to reinforce ?
  • what is the level of development of my team members ?
  • which leadership style did I use for specific team members in specific situations ?
  • which styles will I apply in similar situations in the future ?
• Perception : 
  • why my perception might differ from others ?
  • what is bias ?
  • how does human perception work ?
  • what is my role as a leader to raise awareness about biases ;
  • how can you work on your biases ?
• Introduction to the emotional intelligence (EI) :
  • what is EI ? 
  • the evolution of EI ;
  • why EI is so crucial in a leadership role ?
• The emotion :
  • what is the emotion ?
  • the basic emotions ;
  • understanding your own emotions o understanding the emotions of your direct reports ;
  • acceptance of your own emotions ;
  • why awareness about emotions is important in the workplace ?

Notes

This training program is composed of 4 parts and each of them can be taken independently. Conscious Leader Training - leadership styles, power of perception & emotions Conscious Leader Training - emotionally intelligent (EI) leader Conscious Leader Training - conflict resolution & coaching Conscious Leader Training - delegation skills & communicating around change

S2317 - Conscious Leader Training - emotionally intelligent (EI) leader

Durée

Public cible

This seminar is suitable for leaders to reinforce their EI competencies and people willing to prepare for a future leadership role.

Objectifs

This seminar explore and reflect on personal and social elements of the Emotional Intelligence and appreciate its importance in the leadership role and the role that emotions play in the work environment.

Description

• Personal elements of Emotional Intelligence
  • Self-awareness
  • Emotional awareness
  • Self-assessment
  • Self-esteem and self-confidence 
  • Self-regulation
  • Self-control
  • Adaptability
  • Transparency
• Social Elements of Emotional Intelligence
  • Empathy
  • What is Active Listening and how to apply it?
  • What are some barriers to effective listening?

  • Elements of the effective communication
  • Building rapport with others
  • How to deliver a constructive feedback?
  • Motivation
  • How to motivate and empowering others?

Notes

This training program is composed of 4 parts and each of them can be taken independently. Conscious Leader Training - leadership styles, power of perception & emotions Conscious Leader Training - emotionally intelligent (EI) leader Conscious Leader Training - conflict resolution & coaching Conscious Leader Training - delegation skills & communicating around change

S2318 - Conscious Leader Training - conflict resolution & coaching

Durée

Public cible

This seminar is suitable for leaders to reinforce their competencies and people willing to prepare for a future leadership role.

Objectifs

This seminar enhance your credibility as a leader, by learning how to deal effectively, wisely in a conflict situation and learn the art of conversational coaching. This increase motivation though the gift of focused attention to colleagues and employees.

Description

• Conflict resolutions :
  • perception of conflict ;
  • what are the main drivers of conflicts ?
  • the reasons for avoiding conflicts ?
  • what can happen when we ignore conflicts ?
  • transactional analysis and its value in effective conflict resolution.
• Coaching others :
  • what is coaching ? 
  • when to coach ? 
  • how to enhance credibility as a leader by coaching ?
  • how the language we use affects understanding ?
  • language patterns ;
  • the power of good question ;
  • the GROW model in theory and practice ; 
  • the model T questioning in theory and practice ;
  • precision questioning technique.

Notes

This training program is composed of 4 parts and each of them can be taken independently. Conscious Leader Training - leadership styles, power of perception & emotions Conscious Leader Training - emotionally intelligent (EI) leader Conscious Leader Training - conflict resolution & coaching Conscious Leader Training - delegation skills & communicating around change

S2319 - Conscious Leader Training - delegation skills & communicating around change

Durée

Public cible

This seminar is suitable for leaders or anyone willing to reinforce delegation skills and communicating within the change.

Objectifs

This seminar enrich two important leadership skills, first one knowing when/how to use delegation and apply it as a great tool to motivate and develop people. The second skill is communicating around change, we will learn about common people's behaviours during such events, and how to respond effectively.

Description

• Effective Delegation :
  • what is delegation ?
  • what stops leaders from delegating ?
  • what stops me from delegating ?
  • why delegate ?
  • when to delegate ?
  • what to delegate ?
  • how to delegate and to whom ?
  • what when mistake happen ?
  • how to create my delegation plan ?
  • importance of communication when delegating ;
  • how to monitor effectively and avoid micromanagement when delegating ?
• Communicating around Change :
  • stages of people behaviour in the change cycle ;
  • the role of the leader in the change ;
  • how to deal with the resistance to change ;
  • how to communicate change effectively ?

Notes

This training program is composed of 4 parts and each of them can be taken independently. Conscious Leader Training - leadership styles, power of perception & emotions Conscious Leader Training - emotionally intelligent (EI) leader Conscious Leader Training - conflict resolution & coaching Conscious Leader Training - delegation skills & communicating around change

S5294 - Risk management : a structured overview

Durée

Public cible

Financial sector professionals and everyone interested in risk management.

Objectifs

The seminar aims to provide a structured overview of the main categories of risk facing a bank, an investment fund or any other entity engaging in financial sector activities, by building on theory through actual model prototypes and case studies.

Description

• Risk taxonomy and governance :
  • identifying the main categories of risk ;
  • three lines of defense (3LoD) model.
• Credit risk :
  • introduction to credit risk modelling ;
  • counterparty credit risk ;
  • concentration risk.
• Market risk :
  • value at risk ;
  • expected shortfall.
• Interest rate risk :
  • earnings vs. economic value perspective ;
  • repricing Gaps ;
  • duration of equity.
• Liquidity risk :
  • asset liquidity vs. funding liquidity ;
  • liquidity coverage ratio ;
  • net stable funding ratio ;
  • intraday liquidity risk.
• FX risk :
  • transaction risk ;
  • translation risk ;
  • economic risk.
• Operational risk :
  • event types overview ;
  • governance aspects ;
  • impact of new technologies.
• Stress testing :
  • stress test taxonomy ;
  • reverse stress testing.

S5301 - MiFID II - Module 1 : General principles of financial markets

Durée

Public cible

The persons concerned by this training programme are people giving investment advice and/or providing information on financial instruments, investment services or, ancillary services to clients on behalf of a professional, or for their own account, under the prudential supervision of the CSSF.

Objectifs

This training aims to acquire the knowledge and competence related to the criteria described in the CSSF circular 17/665 with regards to the ESMA Guidelines for the assessment of knowledge and competence.

At the end of this training, the participants will be able to demonstrate that they possess the necessary knowledge and competence to fulfil their obligations under Articles 24 and 25 of MiFID II.

Description

• Economy :

• • macroeconomics: theories, definitions, concepts ;
  • Economic environment and globalisation ;
  • Financial Information (s): understanding, interpretation.
• Events, indicators, impacts :
• • the main indicators (GDP, CPI, PMI...): typology, characteristics, interpretation ;
  • interdependence of economic cycles and financial markets ;
  • crises, conflicts, etc.
• Financial markets :
• • typology of financial markets ;
  • interest rates: creation, evolution, influence ;
  • equity markets: capitalization, sectors, cyclical values.
• Evolutions, psychology, analysis :
• • market efficiency: sensitivity ;
  • psychology of the markets ;
  • analysis: fundamental, technical.

 

Notes

Certificate of participation and of achievement per module, or for the complete programme where applicable. Exam included.

S5302 - MiFID II - Module 2 : Portfolio management and financial instruments

Durée

Public cible

The persons concerned by this training programme are people giving investment advice and/or providing information on financial instruments, investment services or, ancillary services to clients on behalf of a professional, or for their own account, under the prudential supervision of the CSSF.

Objectifs

This training aims to acquire the knowledge and competence related to the criteria described in the CSSF circular 17/665 with regards to the ESMA Guidelines for the assessment of knowledge and competence.

At the end of this training, the participants will be able to demonstrate that they possess the necessary knowledge and competence to fulfil their obligations under Articles 24 and 25 of MiFID II.

Description

• Financial instruments: characteristics and valuation :
• • equities: specifics, quotation, indicators ;
  • bonds: typology, rates, ratings ;
  • derivatives: typology, pricing, use ;
  • structured products: definition, examples ;
  • investment funds: typology, specificities.
• Markets and operations: introduction :
• • stock exchanges and regulated markets ;
  • marketplaces and OTC markets ;
  • operations: from customer's instruction to posting.
• Portfolio Management :
• • theory and reality(ies) ;
  • portfolio management strategies: active management, passive management, management styles, tactics, and other methods ;
  • diversification.
• Tools and Limitations of Portfolio management :
• • objectives and constraints ;
  • communicating with the customer ;
  • comparisons and their limits: performance, indices, risk.

Notes

Certificate of participation and of achievement per module, or for the complete programme where applicable. Exam included.

S5303 - MiFID II - Module 3 : Investment products

Durée

Public cible

The persons concerned by this training programme are people giving investment advice and/or providing information on financial instruments, investment services or, ancillary services to clients on behalf of a professional, or for their own account, under the prudential supervision of the CSSF.

Objectifs

This training aims to acquire the knowledge and competence related to the criteria described in the CSSF circular 17/665 with regards to the ESMA Guidelines for the assessment of knowledge and competence.

At the end of this training, the participants will be able to demonstrate that they possess the necessary knowledge and competence to fulfil their obligations under Articles 24 and 25 of MiFID II.

Description

• Investment products :
• • characteristics of the products offered ;
  • risk(s)-carrying elements ;
  • tax issues and their impacts.
• Cost structures :
• • costs, fees and taxes related to products ;
  • costs, fees and taxes related to service delivery ;
  • transparency of costs and reporting obligations.
• Documentation of investment products :
• • financial information and prospectuses ;
  • KIIDS, PRIIPS ;
  • analyzing and understanding available information.
• Investment products and clients :
• • adequacy of investment products: client knowledge vs knowledge of client ;
  • market access: structures, risks, constraints ;
  • costs: details, limits, decisions

Notes

Certificate of participation and of achievement per module, or for the complete programme where applicable. Exam included.

S5304 - MiFID II - Module 4 : Risks and performance

Durée

Public cible

The persons concerned by this training programme are people giving investment advice and/or providing information on financial instruments, investment services or, ancillary services to clients on behalf of a professional, or for their own account, under the prudential supervision of the CSSF.

Objectifs

This training aims to acquire the knowledge and competence related to the criteria described in the CSSF circular 17/665 with regards to the ESMA Guidelines for the assessment of knowledge and competence.

At the end of this training, the participants will be able to demonstrate that they possess the necessary knowledge and competence to fulfil their obligations under Articles 24 and 25 of MiFID II.

Description

• Performance :
• • elements influencing performance ;
  • performance calculation: methods, differences, comparison ;
  • performance analysis: decomposition, cross-effects.
• Communicating performance :
• • performance comparison: benchmarks, indicators ;
  • performance history(ies) and forecast(s) ;
  • performance, return, volatility.
• Measuring the risk :
• • components of the risk: definition, analysis ;
  • types of risks: mitigation methodologies ;
  • calculation of risk: methods, comparisons, limits.
• Risk and clients :
• • risk appetite and investment horizon ;
  • risk elements in investment products ;
  • risk communication, indicators.

Notes

Certificate of participation and of achievement per module, or for the complete programme where applicable. Exam included.

S5305 - MiFID II - Module 5 : Client relation, compliance, AML

Durée

Public cible

The persons concerned by this training programme are people giving investment advice and/or providing information on financial instruments, investment services or, ancillary services to clients on behalf of a professional, or for their own account, under the prudential supervision of the CSSF.

Objectifs

This training aims to acquire the knowledge and competence related to the criteria described in the CSSF circular 17/665 with regards to the ESMA Guidelines for the assessment of knowledge and competence.

At the end of this training, the participants will be able to demonstrate that they possess the necessary knowledge and competence to fulfil their obligations under Articles 24 and 25 of MiFID II.

Description

• Investment advisory activity :
• • regulatory framework ;
  • service offerings, advice / information differences ;
  • compliance with obligations.
• Knowledge of its client :
• • suitability of products and services with customer profile ;
  • relevant information: understanding and interpretation ;
  • evolution, communication, obligations.
• Anti-money laundering :
• • regulatory framework, responsibilities, sanctions ;
  • customer knowledge, obligations ;
  • money laundering operations: steps and points of attention.
• Market abuse :
• • regulatory framework, responsibilities, sanctions ;
  • scope, prevention and detection tools ;
  • privileged information, share buybacks, insider trading and other cases.

Notes

Certificate of participation and of achievement per module, or for the complete programme where applicable. Exam included.

S6189 - Excel - core and essential features

Durée

Public cible

This seminar is aimed at people who want to master the general and essential features of Excel or to pass the ECDL base certification.

Objectifs

This seminar aims obtaining a global vision of the possibilities of handling the Excel spreadsheet in a professional environment. Participants will also be prepared to participate without difficulty in advanced and specialized courses about the Excel spreadsheet.

Description

• Working with sheets :
  • open, create and save workbooks ;
  • select, insert and delete cells ;
  • data types, series and custom lists ;
  • find and replace contents, copy and move cells ;
  • one level data sort ;
  • customize options ;
  • default file locations.
• Basic formulas and functions :
  • calculating with cells ;
  • use basic functions in calculations ;
  • error message significations ;
  • types of references ;
  • basic content check with the help of the logical IF-function.
• Formatting sheets:
  • the autoformat tool ;
  • number and date formats ;
  • font and alignment settings ;
  • the format painter ;
  • merge cells ;
  • borders and special effects.
• Creating charts :
  • 3 basic chart types ;
  • add, remove and handle chart elements.
• Page layout and printing :
  • basic page setup ;
  • automatic fields in headers and footers ;
  • print area selection.
• Managing workbooks :
  • insert, delete, rename, copy and move sheets ;
  • insert objects ;
  • use comments.

S6191 - Successful presentations with Powerpoint

Durée

Public cible

This seminar is aimed at people who want to master the essential features of Powerpoint or to pass the ECDL base certification.

Objectifs

This seminar aims obtaining a global vision of the possibilities of handling the Powerpoint presentation software in a professional environment. Participants will also be prepared to participate without difficulty in advanced and specialized courses about the Powerpoint presentation software.

Description

• Basic presentation concepts :
  • the default template ;
  • the display modes ;
  • slides layouts ;
  • manage slides ;
  • text formatting ;
  • bullets and numbering.
• Add specific items :
  • tables ;
  • charts ;
  • flow charts ;
  • illustrations and pictures ;
  • drawing methods.
• Planning the presentation :
  • factors to be taken into account ;
  • animation effects ;
  • transition effects ;
  • speaker support ;
  • page setup and print control.
• Short overview of some advanced concepts :
  • master slides ;
  • designing themes ;
  • multimedia animations.

S6195 - Word: essential features summary

Durée

Public cible

This seminar is aimed at People who want to master the general and essential features of word processing.

Objectifs

This seminar aims obtaining a global vision of the possibilities of handling the word processing software in a professional environment. Participants will also be prepared to participate without difficulty in advanced and specialized courses about the word processing software.

Description

• The word processing environment :
  • open, save and close documents;
  • create documents based on templates ;
  • switch between open documents ;
  • customize and configure default options ;
  • default paths and file management.
• Text entering by kilometer :
  • the concept of paragraphs ;
  • non-printable characters, symbols and special characters ;
  • insert fields ;
  • manage Tabs ;
  • selection of parts of the text ;
  • replacement, overwrite and insertion modes;
  • automatic search and replacement ;
  • dictionary and spell checker ;
  • cancel, delete and repeat an entry.
• Formatting characters and paragraphs :
  • automatic word break ;
  • indents, line spacing and paragraph spacing ;
  • bulleted lists and numbered lists ;
  • paragraph border and grid ;
  • the formatting reproduction tool ;
  • apply existing styles.
• Inserting Objects :
  • create and format tables ;
  • insert graphic objects ;
  • dimensioning and replacing added objects.
• Finishing of documents :
  • document orientation ;
  • margins of the document ;
  • page breaks ;
  • headers and footers ;
  • page numbering ;
  • printing the document.

S6260 - Introduction to BCP/DRP

Durée

Public cible

The persons concerned by this training program are DBA, Product Owner, CISO, System Engineer, Backup and Storage Engineer, IT Security Consultant and Information Security consultant.

Objectifs

This Seminar aims to become acquainted with the main components of a BCMS, BCP and DRP :

• understand the basic operations of an BCMS and a DRP as well as the main processes ;

• understand the purpose, content and correlation between the different elements of a BCMS (DRP) ;

• interpret the key elements of a business and link them with the key elements of a BCP-DRP ;

• develop the basic knowledge to help an organization  to plan, do check, act and maintain a DRP ;

• acquire sufficient knowledge to advise an organization on the importance of managing a DRP as a whole ;

• reinforce the personal qualities necessary to act with the professionalism required when conducting a DRP project.

Description

• BCMS.

• Fundamental concepts and principles of Business Continuity.

• Initiating the BCMS Implementation.

• BIA (Business Impact Assessment).

• Risk Assessment.

• Recovery Strategies.

• Incident Response.

• Exercising and Testing.

• Project (Steps of a DRP).

 

 

 

 

S6262 - Preparation to the HDS Certification

Durée

Public cible

This seminar is aimed to responsible for the security of the information systems, responsible for the hosting of health data, responsible for the management system according to ISO 27001, 9001, 13485, etc. , IT security consultants and DPO's - data protection officer's.

Objectifs

This training will enable you to become acqinted with the concepts and good practices for the implementation and audit of the certification " Hébergeur de Données de Santé Ã  caratère personnel", HDS, compliant with the French decree n 2018-137 of February 26, 2018.

Description

 

• The key concepts, aspects and definitions of an HDS certification.

• The challenges of implementing the ISO 27001, 27018 and 20000 prerequisites.

• The link with the GDPR (General Regulation on Data Protection).
• The essentials aspects of an HDS implemention and Certification Audit.

 

S6264 - Introduction to managing cybersecurity

Durée

Public cible

This seminar is aimed to management and IT professionals.

Objectifs

You will acquire a sound management knowledge on cybersecurity that will allow you to apply appropriate measures to your IT security management, GDPR and NIS compliance.

Description

• The appropraite management practices and meassures for cybersecurity.
• The pragmatic key attention points of cybersecurity management.
• The do's and don'ts of :
• integrating security with the family ISO 27000 standards ;
• integrating security into projects.
• GDPR (EU Privacy regulation) and the fundamentals of privacy.
• NIS (Eu Cybersecurity regulation) and the fundamentals of cybersecurity.
• Transforming into an organization where security enables your business.
• Changing the orgnizational culture and awareness about security.
  
  

S6266 - Introduction to agility

Durée

Public cible

This seminar ist aimed for everyone who wants to discover the agile manifesto by themselves.

Objectifs

At the end of the training, the attendees will be able to understand the concept of changing environment, the fundamentals of the Manifesto for Agile Software Development, the benfits of Agility and to apply the Agile principles in several contexts.

Description

• Agile Manifesto: let's think about it together (the Why) :

• the origins ;
• the brainstorming ;
• the mindset ;
• the movement.

• Applying the mindset (the How) :

• the Scrum Framework ;
• the Kanban Method.

S6268 - Scrum projects management

Durée

Public cible

This seminar is aimed to project managers, product managers as well as architects, developers, and quality assurance specialists looking to implement a simple approach that contains all benefits of the agile development.

Objectifs

Participants will learn to understand the philosophy behind agile approaches, more specifically the Scrum framework, to describe the values and principles of the Agile manifesto, to determine the deliverables, activities, and roles according to the Scrum Guide from Scrum.org and to apply the basics of agile project management and, more specially, to understand how to clarify and use the project vision to create the basic elements required to launch a project.

 

Description

• Introduction to agile values and principles.
• Steps to kick-off an agile project How to write a project charter.
• Roles of the product owner, the development team, and the Scrum Master.
• How to create an initial product backlog?
• How to create specifications for backlog items, success criteria, and definition of "done" ?
• How to set up a team for an agile project (the basics)?
• Agile estimation and planning (Planning Poker from Mountain Goat Software).
• Using story points to estimate relative complexity.
• Release burndown chart.
• Sprint burndown chart.
• Scrum task bord.
• What happens during sprints?
• Sprint planning meeting.
• Daily scrum meeting.
• Sprint review meeting.
• Sprint retrospective meeting.
• Product backlog grooming session.

S6270 - Introduction to Blockchain

Durée

Public cible

Non-technical, corporate decision makers and their teams, government agencis, policy makers, investors.

Objectifs

This 2 day Blockchain training program has One Single Objective: acquire a fundamental understanding of what Blockchain is and develop autonomy in one's reasoning on the subject of Blockchain.The training trerats a large range of topics from Blockchain's history to its design, functioning, business implications, applications, smart contracts, crypto assets and Blockchain roadblocks. An interactive cretive session handles the Blockchain features and characteristics by combining them into innovative use cases.

Description

Day1:

• Blockchain Background :
• traditional transaction database ;
• blockchain emergence.
• Blockchain Serious Game :
• economy, money & pricing ;
• ownership rights & proof of ownership ;
• trusted social environements, central databases, blockchains ;
• creating your own Blockchain with paper & plastic boxes.
• Understanding Blockchain functioning :
• basic elements ;
• protocol design principles ;
• protocol functions ;
• features of consensus creation ;
• identification and ownership.
• Intersection between blockchain technology and legal compliance :
• • relativity of guarantee of registry ;
  • liability and blockchain's borderless nature ;
  • GDPR and blockchain's immutable nature ;
  • crypto-assets and security offering regulation.

Day2:

• Blockchain simulation :
• hash, nonce, trial and error ;
• blockchain operational overview ;
• online blockchain simulation.
• Business implementation considerations :
• • definitions ;
  • token generations ;
  • initial coin offering / security token offering / token generation event ;
  • utility tokens: paradigm shift ;
  • TGE launch process ;
  • TGE advantages and disavantages.
• Case studies :
  • Axa: flight delay insurance ;
  • Ibisa: mutual micro farming insurance ;
  • Bext360: coffee on the blockchain ;
  • Nightfall: business on ethereum.
• Do i need a Blockchain?
  • suichies model ;
  • meunier model ;
  • RMIT model.