ALRiM: Luxembourg Association
of Risk Management

10th edition of our 𝐁𝐚𝐧𝐤𝐢𝐧𝐠 𝐑𝐢𝐬𝐤 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐂𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞, organized in cooperation with Global Association of Risk Professionals (GARP). We are honored to welcome as keynote speakers: - Mr. Rich Apostolik, President and CEO of GARP, - Professor Stefano Caselli, Dean of SDA Bocconi School of Management, - Mr. Claude Wampach, Commission de Surveillance du Secteur Financier (CSSF) Director, - Mr. Frédéric Lardo, FRM, Deputy Director of the Strategic Risks and Analysis Division at the European Central Bank.   The round tables will be enhanced by the participation of experts from the financial sector, among them Yves Nosbusch, Member of the Executive Committee of BGL BNP Paribas. The conference will be chaired by Thierry López and Luc Neuberg, PhD. 🗓 Date: Tuesday, January 20 🕠 Time: 15:00 PM - 19:00 PM 📍 Location: European Convention Center Luxembourg (ECCL) To register: info@alrim.lu www.alrim.lu #riskmangement #riskacademy #ALRIM #GARP

GFR (Global Fund Risk) & ALRiM 𝑹𝒊𝒔𝒌 𝑨𝒄𝒂𝒅𝒆𝒎𝒚 🔐 𝐀𝐌𝐋 / 𝐂𝐅𝐓 𝐟𝐨𝐫 𝐅𝐫𝐨𝐧𝐭 𝐎𝐟𝐟𝐢𝐜𝐞 𝐏𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥𝐬 : Don’t Miss This Opportunity! 🚀 Enhance your expertise on Anti-Money Laundering and Countering the Financing of Terrorism with a leading industry expert! In this exclusive session, Sarah Cardmarker, CAMS GFR, will provide essential insights into AML /CFT and latest regulatory requirements dedicated to Front Office professionals. 🌍 Annual session is a regulatory requirement for all players of the Financial Sector. Register for the session and meet this obligation and update your knowledge. 𝐓𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐚 𝐟𝐞𝐰 𝐩𝐥𝐚𝐜𝐞𝐬 𝐥𝐞𝐟𝐭... 📅 When: October 13, 2025, 14:00-17:30 📍 Where: Chambre des Métiers Luxembourg 💡Take your skills to the next level, join us and stay ahead in AML / CFT! More information : www.riskacademy.lu #RiskAcademy #AML #CFT #Training

Seize the opportunity to be a GFR certified risk management specialist! New exam sessions are planned on: - Milan 🇮🇹: November 22nd, 2025 (QUANTYX offices) - Luxembourg 🇱🇺: November 29th, 2025 www.globalfundrisk.org #riskmanagement #GFR #Investmentfunds

The global Risk Management community - and especially Luxembourg - mourns the loss of 𝑷𝒉𝒊𝒍𝒊𝒑𝒑𝒆 𝑱𝒐𝒓𝒊𝒐𝒏, a pioneer whose impact transcended borders and generations of risk managers. Professor of finance at the University of California, Irvine - The Paul Merage School of Business, his name will forever be associated with Value-at-Risk (‘VaR’), an essential tool in financial risk management and which structured modern thinking on risk management. One of his books “𝑉𝑎𝑙𝑢𝑒 𝑎𝑡 𝑅𝑖𝑠𝑘: 𝑇ℎ𝑒 𝑁𝑒𝑤 𝐵𝑒𝑛𝑐ℎ𝑚𝑎𝑟𝑘 𝑓𝑜𝑟 𝑀𝑎𝑛𝑎𝑔𝑖𝑛𝑔 𝐹𝑖𝑛𝑎𝑛𝑐𝑖𝑎𝑙 𝑅𝑖𝑠𝑘”, is the recognized global reference in the industry for VaR. Philippe’s role was not limited to ideas. He directly trained generations of risk managers. In that capacity, and also thanks to his Belgian roots, he was present from the founding of ALRiM. From the early 2000s he collaborated with ALRiM in delivering preparatory courses for the Global Association of Risk Professionals (GARP) certification (he was the author of the reference book for the FRM). Those who attended those courses remember his rigour, his clarity, and his immense pedagogical talent. Philippe’s attachment to our community continued over many years. He was also a loyal and unwavering supporter of GFR (Global Fund Risk) in which he was an honorary member. From the inception of the project, he encouraged the writing of the reference book ‘𝑅𝑖𝑠𝑘 𝑀𝑎𝑛𝑎𝑔𝑒𝑚𝑒𝑛𝑡 𝑓𝑜𝑟 𝐼𝑛𝑣𝑒𝑠𝑡𝑚𝑒𝑛𝑡 𝐹𝑢𝑛𝑑𝑠’, giving it his academic and professional endorsement. Thanks to Philippe, GFR has benefited from international credibility that endures to this day. Through University of California, GARP, GFR, and ALRiM, Philippe Jorion has left a lasting mark on the Luxembourg’s financial center in particular and the financial industry worldwide more broadly. He helped shape its thinking, train its professionals, strengthen its institutions and inspire an entire generation of risk managers. Our thoughts go to his beloved wife Dominique, who often accompanied him on trips to Luxembourg and with whom many of us built a warm friendship, as well as to his children, to whom we extend our deepest sympathy. Farewell Philippe, we mourn you deeply and sincerely.

AML/CFT is not just a trend, it’s a pressing priority that continues to shape our industry.   Sylvain Aubry, board member and conducting officer of The Carlyle Group Investment Management Europe, and board member of ALCO - Association Luxembourgeoise des Compliance Officers is the Chairman of the ALRiM AML/CFT Working Group.   In this video, Sylvain has outlined: - 𝑡ℎ𝑒 𝑟𝑒𝑙𝑎𝑡𝑖𝑜𝑛𝑠ℎ𝑖𝑝 𝑏𝑒𝑡𝑤𝑒𝑒𝑛 𝑎𝑛𝑡𝑖-𝑚𝑜𝑛𝑒𝑦 𝑙𝑎𝑢𝑛𝑑𝑒𝑟𝑖𝑛𝑔 𝑎𝑛𝑑 𝑟𝑖𝑠𝑘 𝑚𝑎𝑛𝑎𝑔𝑒𝑚𝑒𝑛𝑡   - 𝑡ℎ𝑒 𝑝𝑜𝑠𝑖𝑡𝑖𝑜𝑛 𝑜𝑓 𝐴𝐿𝑅𝑖𝑀'𝑠 𝐴𝑀𝐿 𝑤𝑜𝑟𝑘𝑖𝑛𝑔 𝑔𝑟𝑜𝑢𝑝   - 𝑡ℎ𝑒 𝑛𝑒𝑤 𝑝𝑜𝑡𝑒𝑛𝑡𝑖𝑎𝑙 𝑟𝑖𝑠𝑘 𝑓𝑎𝑐𝑡𝑜𝑟𝑠 𝑖𝑛 𝐴𝑀𝐿 💡Any interest in this working group? Contact us via email: info@alrim.lu 🌐 www.alrim.lu www.riskacademy.lu 📩 React, share, and reach out to us.   #RiskManagement #ALRiM #Training #RiskAcademy #AML/CFT

The global Risk Management community - and especially Luxembourg - mourns the loss of 𝑷𝒉𝒊𝒍𝒊𝒑𝒑𝒆 𝑱𝒐𝒓𝒊𝒐𝒏, a pioneer whose impact transcended borders and generations of risk managers. Professor of finance at the University of California, Irvine - The Paul Merage School of Business, his name will forever be associated with Value-at-Risk (‘VaR’), an essential tool in financial risk management and which structured modern thinking on risk management. One of his books “𝑉𝑎𝑙𝑢𝑒 𝑎𝑡 𝑅𝑖𝑠𝑘: 𝑇ℎ𝑒 𝑁𝑒𝑤 𝐵𝑒𝑛𝑐ℎ𝑚𝑎𝑟𝑘 𝑓𝑜𝑟 𝑀𝑎𝑛𝑎𝑔𝑖𝑛𝑔 𝐹𝑖𝑛𝑎𝑛𝑐𝑖𝑎𝑙 𝑅𝑖𝑠𝑘”, is the recognized global reference in the industry for VaR. Philippe’s role was not limited to ideas. He directly trained generations of risk managers. In that capacity, and also thanks to his Belgian roots, he was present from the founding of ALRiM. From the early 2000s he collaborated with ALRiM in delivering preparatory courses for the Global Association of Risk Professionals (GARP) certification (he was the author of the reference book for the FRM). Those who attended those courses remember his rigour, his clarity, and his immense pedagogical talent. Philippe’s attachment to our community continued over many years. He was also a loyal and unwavering supporter of GFR (Global Fund Risk) in which he was an honorary member. From the inception of the project, he encouraged the writing of the reference book ‘𝑅𝑖𝑠𝑘 𝑀𝑎𝑛𝑎𝑔𝑒𝑚𝑒𝑛𝑡 𝑓𝑜𝑟 𝐼𝑛𝑣𝑒𝑠𝑡𝑚𝑒𝑛𝑡 𝐹𝑢𝑛𝑑𝑠’, giving it his academic and professional endorsement. Thanks to Philippe, GFR has benefited from international credibility that endures to this day. Through University of California, GARP, GFR, and ALRiM, Philippe Jorion has left a lasting mark on the Luxembourg’s financial center in particular and the financial industry worldwide more broadly. He helped shape its thinking, train its professionals, strengthen its institutions and inspire an entire generation of risk managers. Our thoughts go to his beloved wife Dominique, who often accompanied him on trips to Luxembourg and with whom many of us built a warm friendship, as well as to his children, to whom we extend our deepest sympathy. Farewell Philippe, we mourn you deeply and sincerely.