Banking Licence — Luxembourg
EU passporting, premier financial centre. CSSF + ECB regulated. Capital from €5M. Typical timeline 12–24 months.
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Why Luxembourg for Your Banking Licence?
Luxembourg is a globally recognised banking centre with deep expertise in fund administration, private banking, and international finance.
Luxembourg is one of Europe's most established banking centres. The CSSF, in conjunction with the ECB, oversees banking authorisation.
Licence Requirements
Detailed Requirements
€5 million capital. Comprehensive CRD/CRR requirements including governance, capital planning, risk management, and resolution planning.
Application Process
Regulatory Strategy
We assess your business model and regulatory position to develop a clear licensing strategy.
Business Plan
We prepare a comprehensive business plan meeting the regulator's expectations.
Programme of Operations
Detailed programme of operations covering governance, compliance, and operational arrangements.
Compliance Framework
Full AML/CFT framework, compliance monitoring programme, and risk management policies.
Application Submission
We compile and submit the complete application package to the regulator.
Regulator Review
We manage all regulator communications and information requests during the review period.
Authorisation
Upon approval, we support your transition to live operations.
Process Detail
12 to 24 months.
Luxembourg vs United Kingdom
| Criteria | Luxembourg | United Kingdom |
|---|---|---|
| Capital | €5M | £1M+ |
| Timeline | 12–24 months | 12–36 months |
| Regulator | CSSF + ECB | PRA + FCA |
| Key Feature | EU passporting, premier financial centre | Dual regulation, mobilisation stage available |
Frequently Asked Questions
The capital requirement for a banking licence in Luxembourg is €5M. €5 million capital. Comprehensive CRD/CRR requirements including governance, capital planning, risk management, and resolution planning.
The typical timeline for a banking licence in Luxembourg is 12–24 months. 12 to 24 months.
Luxembourg is a globally recognised banking centre with deep expertise in fund administration, private banking, and international finance.
After receiving your banking licence in Luxembourg, you must maintain ongoing compliance with regulatory requirements including safeguarding of customer funds, regular regulatory reporting, maintaining adequate capital, updating AML and compliance frameworks, and cooperating with supervisory reviews and inspections.
Most jurisdictions require local substance for a banking licence. In Luxembourg, you will typically need a registered office, at least one locally resident director, and potentially additional operational staff. We can advise on the exact requirements and help you establish the minimum viable local presence.
A banking licence in Luxembourg provides access to the domestic market. EU passporting, premier financial centre. Separate authorisation may be required for other jurisdictions.