Credit: MAEE
The ATTF (Agence de transfert de technologie financière), which forms part of the House of Training, yesterday celebrated its 20th anniversary; for the past two decades, the agency has been sharing Luxembourgish expertise in the financial sector.
Created in October 1999 on the initiative of the Luxembourg Government, the ATTF's primary mission is to foster the inclusion and development of emerging and developing countries by sharing financial expertise. This approach has also contributed to the promotion of Luxembourg's financial centre abroad and serves to create strong links between professionals at an international level.
Over the past 20 years, more than 30,000 professionals have participated in nearly 2,000 ATTF training programmes delivered by local experts and funded in whole or in part by the Luxembourg Government.
House of Training Director and Head of ATTF Services, Ben Lyon, noted: "Our participants, who come from 40 partner countries, sign up for classes expecting to learn, but they leave with much more. Our experts explain above all "how" to implement what they learn, participants create new international contacts and receive the prospect of an internationally recognised financial centre".
Minister of Cooperation and Humanitarian Action, Paulette Lenert, who attended the anniversary celebrations yesterday, highlighted that: "ATTF is a partner of choice in the field of knowledge transfer to our partner countries. It plays a key role in strengthening their financial markets, as well as their economic environment, which is an important element of sustainable development".
Minister of Finance, Pierre Gramegna, who was also present, added: "The success of the ATTF is closely linked to that of our financial sector, which today hosts more than 130 banks, and is the second largest investment fund centre in the world. By actively sharing its knowledge and expertise in the field of finance, Luxembourg can make a decisive difference in strengthening financial infrastructures in developing countries and thus contribute to their economic prosperity".
In particular, Luxembourgish experts have been able to help central banks to better understand complex regulations, to provide banks with the knowledge they need to make operational and strategic decisions, while enabling professionals to develop the skills they need to work, and to advance their career through certified quality training.
