Basel III – Pillar III

BEMO Pillar III Report, is a comprehensive document that provides transparency and disclosure on our bank’s risk management practices, capital adequacy, and financial performance. In compliance with the regulatory framework set forth by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, we present this report to our stakeholders for the fiscal year ending 2022.

BEMO adheres to the regulatory requirements outlined in CSSF Circular 20/759, which establishes the rules and guidelines for the disclosure of information under the Pillar III framework of Basel III. The Circular mandates that banks in Luxembourg must publish annual Pillar III reports to promote market discipline, enhance transparency, and ensure the stability of the financial sector. This report is prepared in accordance with the principles and requirements specified in this circular.
This Pillar III Report is based on the financial data for the fiscal year ending in 2022 or the latest figures referenced in the report, ensuring that stakeholders have access to the most up-to-date and relevant information.

Protection of your deposits

The « Fonds de Garantie des Dépôts Luxembourg » (FGDL) protects your deposits held by yourself at BEMO Europe. The FGDL ensures a compensation up to a maximum of 100.000 euros, within 7 working days. This guarantee is understood to mean per natural or legal person and per institution. In the case of a joint account, the maximum guarantee applies to each account holder separately.
Fonds de Garantie des Dépôts Luxembourg
283, route d’Arlon
L-1150 Luxembourg
E-mail : info@fgdl.lu
Website : https://www.fgdl.lu

Protection of your investments

The “Systeme d’Indemnisation des Investisseurs” (SIIL) protects of your investments in financial instruments made with BEMO Europe. The SIIL ensures a compensation up to a maximum of 20.000 euros per investor and per credit institution according to the law of 18th December 2015.

Système d’Indemnisation des Investisseurs Luxembourg

283, route d’Arlon
L-1150 Luxembourg
Website : https://www.fgdl.lu or https//www.cssf.lu

Claim management

Any interested party (a prospect, a customer or a third-party appointed by the customer) can file a complaint.
Please refer to the policy for further information 

Banking mediation (BEMO Paris)

In accordance with French regulation and law no. 2001-1168 of 11 December 2001 and pursuant to Articles L316-1 and L615-2 of the French Monetary and Financial Code, BEMO EUROPE – Banque Privée has implemented a special mechanism and code of ethics covering mediation.
This code of ethics is available to clients on request. It can also be found on the reverse side of portfolio and account statements issued by BEMO Paris.