Proposed Changes to the Luxembourg Securitization Regime: Introducing More Flexibility and New Opportunities
By EsqSocial Corporation 21/06/21
At the end of May 2021, the Luxembourg government submitted a bill of law (the Bill of Law) to the Parliament amending the Luxembourg law dated 22 March 2004 on securitization (the 2004 Law). This long-awaited update of the Luxembourg securitization regime aims to clarify certain aspects of the 2004 Law, as well as to adapt it to the requirements of the current securitization market. The proposed changes should further increase the appeal of Luxembourg securitization vehicles and bring new...
By: Dechert LLP