Bill amending the Luxembourg securitisation law (May 2021)
Client Briefings
Introduction
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Over the past years, the Luxembourg law dated 22 March 2004 on securitisation (the Securitisation Law) has proven to be a highly successful framework for a large variety of securitisation, repackaging and financing transactions.
On 20 May 2021, the Luxembourg government has introduced bill 7825 (the Bill) with a view to make, inter alias, some small, but important adjustments to the Securitisation Law and to clarify certain questions in the interest of legal certainty in the market practice.
