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Securitization in Luxembourg

July 2007 - Finance. Legal Developments by Chevalier & Sciales .

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A new Luxembourg law of 22 March 2004 on Securitization (the "Law on Securitization") has laid the foundations for the legal, regulatory and tax framework for securitization vehicles in Luxembourg. The main features and advantages of the Law on Securitization as well as a practical application in which the firm was involved are discussed hereunder.

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