Year
2021

• New developments in securitization
  01.06.21

  The modernization of the Luxembourg securitization law of March 22, 2004 has taken a new step. The bill n° 7825 presented on May 21, 2021 proposes an opt-in law, contrary to the European Securitization Regulation 2017/2402, in other words, a vehicle will be able to choose to be subject to the benefits and obligations of the Luxembourg securitization law. This draft law represents a move towards new requirements for the use of Luxembourg securitization vehicles and increases its flexibility compared to other jurisdictions.

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• Clarification in sight for limited liability companies
  29.03.21

  A law under consideration will soon clarify somewhat the amended law of 10 August 1915 concerning commercial companies in its article 1500-7, point 2° and put an end to hesitations and difficulties of interpretation (draft law n°7791).

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