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Mensuel de septembre 2022 - Economie

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Change of legislation
By Anne-Marie NICOLAS, Elie-Raphaël SOUDRY, Vanessa FREED, Senior Associate, Loyens Loeff Luxembourg S.À R.L., Avocats à la Cour   Luxembourg as a single point of enforcement jurisdiction is further strengthened   The recently passed law of 20 July 2022 (the New Law) introduces several important amendments to the well-known Luxembourg financial collateral law of 5 August 2005 (the Collateral Law). The New Law modernises and further clarifies the Luxembourg financial collateral arrangement’s regime and integrates into legislation current market trends and realities (1). It also further clarifies the regime of transfers of title for security purposes and nettings (2). Finally, the New Law extends the material scope...
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