LuxSE and CSSF put spotlight on financial literacy


The Luxembourg Stock Exchange (LuxSE) and the Commission de Surveillance du Secteur Financier (CSSF) joined forces today to highlight the importance of investor education and protection, as part of the International Organization of Securities Commissions (IOSCO)’s 5th World Investor Week.

<< Back
05/10/2021 |
  • RTB LuxSE CSSF Financial Literacy

For the third year running, LuxSE CEO Julie Becker and Director General of the CSSF Claude Marx co-hosted a Ring the Bell for Financial Literacy ceremony at the exchange, to strengthen public awareness of the importance of financial literacy in Luxembourg, with a specific focus on sustainable finance knowledge and awareness.

“Investor education is an essential part of investor protection, which is at the core of our mission as an exchange. Financial literacy helps strengthen confidence and trust in financial markets, and this is crucial to mobilise funding for the transition to a low-carbon and more inclusive economy. Many companies across different industries are striving to accelerate their transition efforts, but lack the necessary in-depth understanding of ESG aspects. Exchanges have a duty to help close this knowledge gap,” said Julie Becker, CEO of LuxSE.

The CSSF with the Ministry of Consumer Protection, the Ministry of Digitalisation, the ABBL Foundation for Financial Education and ErwuesseBildung recently launched a training programme on e-banking for the elderly population in Luxembourg. “The CSSF cares about their financial inclusion and financial autonomy,” explained Claude Marx, Director General of the CSSF, in his speech.

Boosting knowledge

The event also zoomed in on some of the initiatives that have been established in Luxembourg to increase financial education, especially in the field of sustainable finance. Laetitia Hamon and Paul Chahine explained the success of the LGX Academy over the past year, while Fabian Longo and Ben Lyon from the House of Training presented the organisation’s mission and how they plan to strengthen sustainable finance certification in Luxembourg. Frederic Haupert from CARE Luxembourg completed the session by presenting CARE’s Climate & Resilience Academy for private sector, which was launched earlier this year.

House of Training is an official partner of the LGX Academy, while LuxSE supports CARE’s new training offering for the private sector. These initiatives illustrate the close cooperation on the topic of education among Luxembourg institutions across different sectors.

Exchanges stepping up efforts

Celebrated this week by around 80 stock exchanges across the world, the Ring the Bell for Financial Literacy is a global campaign that aims to raise public awareness and promote financial literacy worldwide, and highlight what regulators and exchanges are doing in this field.

In May 2020, LuxSE established the LGX Academy which provides courses on sustainable finance to financial professionals and students in and beyond Luxembourg. So far, the LGX Academy has trained around 200 course participants from a diverse range of institutions including private banks, multilateral development banks, research centres, consultancies, asset managers, stock exchanges and university students.

Back to top  | << Back

Communiqués liés

20220914 MoU BRVM LuxSE

LuxSE and West-African regional exchange BRVM join forces on...

Earlier today, during an official visit to Luxembourg by representatives from Bo...

Bourse de Luxembourg

LuxSE marks KfW’s EUR 50 bn green bond milestone

KfW, a promotional bank owned by the Federal Republic of Germany and the German ...

Bourse de Luxembourg
Julie Becker CEO LuxSE 01 web

LuxSE named Stock Exchange of the Year by Environmental Fina...

The Luxembourg Stock Exchange (LuxSE) has been granted the ‘Stock Exchange of ...

Bourse de Luxembourg
LuxSE India INX

LuxSE and India INX strengthen cooperation

In a ceremony held in the Gujarat International Finance Tec (GIFT) City, India e...

Bourse de Luxembourg
20220511 LuxSE AGM-press Kinsch Becker Wagener 01

LuxSE reports record results for 2021 and announces Alain K...

At this morning’s annual general meeting of the Luxembourg Stock Exchange (Lux...

Bourse de Luxembourg
20220505 LuxSE-Un Women MoU Signing

LuxSE and UN Women join forces to advance gender finance

The Luxembourg Stock Exchange (LuxSE) and the United Nations Entity for Gender E...

Bourse de Luxembourg

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more