close
Share with your friends

With training courses covering a wide range of topics, we can help build your skills and confidence as a professional in business areas as wide ranging as alternative investments, asset management and insurance.  

All courses are delivered by subject matter experts, so you can immediately apply the latest best practice.

If you're interested in booking an in-house training course, call Christophe Diricks to discuss your personal or your staff learning requirements on +352 22 51 51 5111.

Courses

What skills do you want to sharpen?


There’s a course to suit every professional. We even build tailor-made training courses for your needs.

Fast-track your learning with a training course that caters to you and your team’s pace, style and learning preferences.

Valuation essentials — private debt

This training gets employees up to speed with private debt valuation. The first part covers theoretical topics, including a general overview of valuation techniques, typical private debt terms, valuation analysis of debt instruments, and the most relevant valuation approaches (market, cost and income approaches). The second part is a valuation workshop that addresses practical case studies.

I am interested to take this course

M&A essentials for beginners

Luxembourg has seen an increase in mergers and acquisitions (M&A) across sectors in recent years, and this trend is expected to continue.

This training introduces the different strategic and tactical objectives of these consolidations and the key elements of an M&A process, including counterparty selection, purchase price and payment, and share purchase agreements. It also presents a practical case study.

This training can be tailored to the specific audience and their prior knowledge of the topic.

I am interested to take this course

M&A essentials for experts

As the M&A process is highly complex, all participants must understand the various steps and factors that influence stakeholders’ behavior.

A good understanding of key topics that influence the process is also necessary, including valuation and pricing, counterparties, closing mechanisms, purchase price adjustments and the relevant legal and regulatory frameworks, as well as the key mechanisms that impact these aspects.

I am interested to take this course

Valuation essentials for beginners

We also provide an overview of commonly applied valuation methods, including the discount cash flow (DCF) model as part of the income approach, and comparable-traded multiple and comparable-transaction multiple methods under the market approach. And, through case studies and Excel modeling examples, we cover the basic principles of cash flow analysis, discount rate measurement, and market multiples.

I am interested to take this course

Valuation essentials for experts

This training covers advanced business valuations using three main approaches: (i) the income approach, (ii) the market approach and (iii) the cost approach.

We specifically focus on the discount cash flow (DCF) model as part of the income approach, and comparable-traded multiples and comparable-transaction multiples under the market approach. And, through case studies and Excel modeling examples, we provide critical insights into cash flow forecasts, discount rate analysis, and market multiples.

I am interested to take this course

IFRS is complex - tips and trick to comply with IFRS disclosures for funds

This training will help financial statement preparers to comply with IFRS requirements when preparing note disclosures.

I am interested to take this course

IFRS Standards are complex — tips and tricks to comply with disclosures for real estate entities

This training helps financial statement preparers comply with IFRS Standards when preparing note disclosures. We also cover i) updates to the Standards, including examples and guidelines on how to implement them and ii) insights into the regulatory findings on disclosures and how to prevent them.

The course is adapted to the participants’ knowledge: beginner (assistants), intermediate (supervisors) or advanced (managers).

I am interested to take this course

Accounting and reporting of carried interest under Luxembourg GAAP and IFRS® Standards

This training helps preparers of financial statements and accountants to understand i) when and how to account for carried interest in the fund’s accounting records and/or in the carried interest partner’s accounting records and ii) how to present carried interest figures and disclosures in their respective financial statements, under Luxembourg GAAP and IFRS® Standards.

I am interested to take this course

Learn common traps when preparing cash flow statements

This training helps financial statement preparers comply with IFRS Standards when preparing cash flow statements.

I am interested to take this course

Liquidity risk management curriculum for beginners

To help market players address their liquidity risk management challenges in an increasingly complex regulatory environment, we offer a training curriculum that covers all relevant areas from an audit and risk management perspective.

A team of experienced professionals provides an in-depth view of the relevant regulatory provisions, methodologies and market best practice.

This curriculum is fully modular, allowing you to tailor the training to your specific needs and requirements.

I am interested to take this course

Liquidity risk management curriculum for experts

To help market players address their liquidity risk management challenges in an increasingly complex regulatory environment, we offer a training curriculum that covers all relevant areas from an audit and risk management perspective.

A team of experienced professionals provides an in-depth view of the relevant regulatory provisions, methodologies and market best practice, with a special focus on CSSF Circular 19/733 and the requirements for liquidity stress testing.

This curriculum is fully modular, allowing you to tailor the training to your specific needs and requirements.

I am interested to take this course

Let’s talk fees — for beginners

This training focuses on the ESMA Guidelines regarding performance fee models, particularly for undertakings for the collective investment in transferable securities (UCITS) and some retail alternative investment funds (AIFs).

ESMA’s mapping exercise of national competent authorities showed a lack of harmonization of Member States’ approach to performance fees. Subsequently, ESMA published a consultation paper aiming to introduce minimum standards for performance fee models. The final Guidelines intend to harmonize how and when fund managers should charge performance fees to retail investors, and they apply to managers of UCITS and AIFs marketed to retail investors.

I am interested to take this course

Let’s talk fees — for experts

This training focuses on the ESMA Guidelines regarding performance fee models, particularly for UCITS and some retail AIFs.

We lay out the detailed operational requirements and arrangements required to efficiently comply with ESMA’s final Guidelines on performance fees, and help you interpret them.

I am interested to take this course

This regulatory topic is HOT — for beginners

The title says it all — get up to date with the current regulatory news.

In a world of ever-increasing market complexity and regulatory scrutiny, asset management employees must not only react to but also anticipate market demands and regulatory requirements.

In this training, we present the material impact, timeline, and regulatory classification of recent regulatory developments.

I am interested to take this course

This regulatory topic is HOT — for experts

The title says it all — get up to date with the current regulatory news.

In a world of ever-increasing market complexity and regulatory scrutiny, asset management employees must not only react to but also anticipate market demands and regulatory requirements.

In this training, we present the material impact, timeline, and regulatory classification of recent regulatory developments.

I am interested to take this course

Let’s get illiquid — for beginners

A practical guide to setting up an AIF in Luxembourg. AIFs are collective investment undertakings with a defined investment policy that is deployed by one manager for the benefit of all investors.

We present the Luxembourg investment toolbox and explain the differences between a regulated and unregulated AIF.

We also cover the thresholds set out in Article 3(2) of the Alternative Investment Fund Managers Directive (AIFMD), so you can determine whether a registered AIFM is sufficient for your AIF or if an authorized AIFM is required.

I am interested to take this course

Let’s get illiquid — for experts

A practical guide to setting up an alternative investment fund management (AIFM) company in Luxembourg, including how to obtain the necessary approval from the national competent authority (Commission de Surveillance du Secteur Financier, or CSSF).

We provide an overview of the setup phase, including a three-step plan that covers the design of the AIFM’s operating model, the filing of the application, and the go-live (operationalization) of the AIFM. We share dos and don’ts and practical examples based on our extensive experience of the process.

I am interested to take this course

Regulating financial instruments

Financial instrument traders are exposed to an ever-evolving regulation framework, including the Central Securities Depositories Regulation (CSDR), the European Market Infrastructure Regulation (EMIR), the Markets in Financial Instruments Regulation (MiFIR), the Securities Financing Transactions Regulation (SFTR), and the Short-Selling Regulation (SSR).

We present the basic and required knowledge of these regulations for bank employees and insurance and management company employees.

I am interested to take this course

Prudential reporting — get your reports ready for review

This training covers the fundamentals of prudential reporting. We provide a solid understanding of the most relevant factors to consider when reporting transmissions, and cover Common Reporting Framework (COREP), Liquidity (LCR/NSFR) and Large Exposures (LAREX) reports.

I am interested to take this course

Daily fund risk reporting for beginners — market and liquidity risk

Measuring and monitoring risks related to global exposure, counterparties, concentration and liquidity are the typical daily tasks of a junior risk manager in the market place.

The basic principles for monitoring the related risk of an investment fund portfolio are set out by Directive 2009/65/EC of 13 July 2009, Directive 2010/43/EU of 1 July 2010, and the related ESMA guidelines such as CESR 10-788 of 28 July 2010.

These standards are more easily measured on the liquid side; however, the AIFMD regulation has adapted these principles on the illiquid side.

I am interested to take this course

Anti-money laundering (AML) and counter-terrorist financing (CTF) compliance

With regulators’ ever-increasing compliance requirements, the fight against AML and TF has never been higher on the regulatory agenda. This training provides accurate and updated information for AIFM employees on the fight against AML and TF.

I am interested to take this course

ATAD 2: 10% de Minimis Clause or "Acting Together" Concept

The Second Anti-Tax Avoidance Directive (ATAD 2) applies to Luxembourg corporate taxpayers, including Luxembourg permanent establishments of foreign entities. It primarily targets payments that trigger a “deduction without inclusion” or “double deduction” mismatch outcome between associated enterprises or in the context of structured arrangements. Hybrid mismatches between associated enterprises arise when they exceed a certain percentage of voting rights or capital ownership of an entity — 25% for hybrid financial instruments and 50% for hybrid entities.

I am interested to take this course

DAC 6: a comprehensive toolkit for beginners

Time is ticking … the first disclosures under Directive (EU) 2018/822 on mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements (DAC 6) have to be filed in 2021 (in Luxembourg).

While DAC 6 has applied since 1 July 2020, the first reportable transactions are those that triggered the reporting obligation between 1 July 2020 and 31 December 2020, must be reported to the Luxembourg tax authorities by 31 January 2021. All arrangements implemented during the retroactive period between 25 June 2018 and 30 June 2020 must be reported by 28 February 2021.

I am interested to take this course

Which private equity/real estate fund transactions are likely to be reportable under DAC 6?

While DAC 6 has applied since 1 July 2020, the first reportable transactions are those that triggered the reporting obligation between 1 July 2020 and 31 December 2020, which must be reported to the Luxembourg tax authorities by 31 January 2021. All arrangements implemented during the retroactive period between 25 June 2018 and 30 June 2020 must be reported by 28 February 2021.

I am interested to take this course

Corporate tax returns: 18 pages but what are the risks? For beginners

The best way to avoid tax is to know the law.

Whether your corporate tax returns are outsourced to service providers or prepared in-house, you still need to be able to verify the contents and make sure there is no inherent risk before filing.

I am interested to take this course

Corporate tax returns: 18 pages but what are the risks? For experts

Whether your corporate tax returns are outsourced to service providers or prepared in-house, each person who signs these returns is validating that they have been prepared following Luxembourg tax law. As the devil is often in the details, the focus should be on the relevant risks when reviewing a tax return.

I am interested to take this course

A comprehensive toolkit to master your VAT obligations

Understanding VAT compliance obligations, deadlines and the proper content of a VAT return is not only crucial for tax professionals but also staff who regularly approve VAT returns. This training explains the VAT obligations of the two main regimes and the content of both the standard and simplified annual VAT returns.

I am interested to take this course

ManCo, AIFM and SuperManCo: when does the VAT exemption apply? For beginners

The VAT exemption for fund management services is determined by a vast body of European case law. In a structured manner, we explain the scope of the VAT exemption and its various nuances introduced by the Court of Justice of the European Union’s multiple decisions.

I am interested to take this course

ManCo, AIFM and SuperManCo: when does the VAT exemption apply? For experts

The VAT exemption for fund management services is determined by a vast body of European case law. In a structured manner, we will explain the scope of the VAT exemption and its various nuances introduced by the Court of Justice of the European Union’s multiple decisions.

I am interested to take this course

Substance — are you on the right track compared to other market players?

For passive companies like holding, financing and property companies, substance is essential to demonstrate a genuine rather than a merely legal existence and to demonstrate tax residency.

This training presents foreign tax authorities’ main areas of focus regarding substance, with examples of the most requested information. It also provides a sound market overview, based on two substance surveys of the Luxembourg alternative investment market performed by KPMG Luxembourg.

I am interested to take this course

How to properly prove the right level of substance

For passive companies like holding, financing and property companies, substance is essential to demonstrate a genuine rather than a merely legal existence and to demonstrate tax residency.

This training presents foreign tax authorities’ main areas of focus regarding substance, with examples of the most requested information. It also provides a sound market overview, based on two substance surveys of the Luxembourg alternative investment market performed by KPMG Luxembourg.

I am interested to take this course

VAT and real estate — when is an invoice VAT exempt?

VAT in the real-estate sector can be extremely costly if transactions are not correctly managed. We explain the basic VAT principles that apply to the real-estate sector, whether located in Luxembourg or abroad.

I am interested to take this course

VAT obligations of Luxembourg holding and financing companies

You may not be aware that Luxembourg financing and holding companies may also have VAT compliance obligations. This training clearly explains what these obligations are and when they apply.

I am interested to take this course

IFRS Standards are complex — tips and tricks to comply with fund disclosures

This training helps financial statement preparers comply with IFRS Standards when preparing note disclosures. We also cover i) updates to the Standards, including examples and guidelines on how to implement them and ii) insights into the regulatory findings on disclosures and how to prevent them.

The course is adapted to the participants’ knowledge: beginner (assistants), intermediate (supervisors) or advanced (managers).

I am interested to take this course

IFRS Standards are complex — tips and tricks to comply with disclosures for real estate entities

This training helps financial statement preparers comply with IFRS Standards when preparing note disclosures. We also cover i) updates to the Standards, including examples and guidelines on how to implement them and ii) insights into the regulatory findings on disclosures and how to prevent them.

The course is adapted to the participants’ knowledge: beginner (assistants), intermediate (supervisors) or advanced (managers).

I am interested to take this course

Why train with us?

1.

Our hands-on courses give you the tools and skills to do your job differently

2.

Our expert trainers have a wealth of knowledge and experience to share

3.

Our tried-and-tested methodologies help you build confidence

Did not find the training you were looking for?

We have more trainings in our stock and we also offer to design trainings –upon request, upon your needs.