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By Laurent MASSINON, Partner and Marion DESCHAMPS, Associate DLA Piper
For so many years, Luxembourg has attracted securitisation transactions due to its favourable framework deriving from the law dated 22 March 2004 on securitisation, as amended (Securitisation Law).
On 21 May 2021, the Luxembourg government submitted bill no. 7825 to the Parliament (Bill) aimed at making targeted amendments to the Securitisation Law.
The adjustments, long-awaited by the market players, are intended to provide new possibilities by increasing flexibility and legal certainty, while ensuring effective protection for investors. This modernisation of the Securitisation Law further reflects Luxembourg’s willingness to be established as the...
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