Securitisation vehicles (SVs) in Luxembourg are governed by the Law of 22 March 2004, as amended.
On 31 January 2022, the Luxembourg Stock Exchange (“LuxSE”) published new guidelines regarding the registration of certain distributed ledger technology financial instruments (the “DLT Financial Instruments”) onto its Securities Official List (“SOL”) (the “Guidelines”).
A draft Bill of law No. 7825 (the “Bill”) amending the Law of 22 March 2004 on securitisation (the “Securitisation Law”) and certain other laws was submitted to the Luxembourg Parliament on 21 May 2021
On 21 May 2021, a bill of law amending the law of 22 March 2004 on securitisation (the “Bill of Law”) was presented to the Chamber of Deputies.
The Luxembourg Green Exchange has recently added to its labelled bond section, a brand-new section dedicated to Climate-Aligned Issuers, built on the Climate Bonds Initiative’s issuer screening and research
Submissions of documents under the EU Prospectus Regulation (2017/1129, as amended) and the Law of 16 July 2019 on prospectuses for securities must now be made through the e-Prospectus platform developed by the Luxembourg Financial Supervisory Authority (CSSF).
On 27 July, the Luxembourg parliament published a new bill of law n° 7637 (the “Bill of Law”) that will amend the following two laws:
On 27 July 2020, the government has introduced a draft bill n°7637 in Parliament (the “Draft Bill”), which – if adopted – will modernise the law of 6 April 2013 on dematerialised securities, as amended (the “2013 Law”)
The European Securities and Markets Authority ("ESMA") has considered that because of the exceptional circumstances linked to the ongoing COVID-19 pandemic, it was important to lower the reporting threshold as a precautionary action aimed at allowing authorities to monitor developments in markets.
The Luxembourg Stock Exchange’s new rules and regulations (the “R&Rs”) enter into force today, 31 January 2020, and will certainly be warmly welcomed by issuers and their listing agents/legal advisors. The new R&Rs can be consulted here.
