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Elvinger Hoss Prussen

Work +352 44 66 440
Fax +352 44 22 55
Hong Kong, Luxembourg

Pit Reckinger

Work +352 44 66 440
Elvinger Hoss Prussen

Work Department

Corporate, mergers & acquisitions, Capital markets (debt and equity), Banking and financial services, Insurance and reinsurance, Regulatory and compliance, Real estate  /  Acquisition structuring, Foundation, non-profit organisations and philanthropy


Partner Pit Reckinger advises banks, insurance companies, corporations and private equity funds in corporate, regulatory and capital market transactions as well as on a continuous basis for corporate housekeeping and compliance matters. His areas of expertise focus specifically on mergers and acquisitions, shareholders’ agreements and financing documents, IPOs and listings, licensing and regulatory approvals, bank secrecy, aspects of money laundering and compliance issues.

Pit publishes contributions in banking law, inter alia, in the areas of banking regulation, shadow banking, bank confidentiality and money laundering as well as company law. He regularly participates in conferences on subjects related to banking law, securities law and company law.


Pit Reckinger worked with “Linklaters & Paines” (London) in 1990/1991. He has been a partner in the corporate, banking and finance group of the firm since 1994. He is member of the Luxembourg Bar since 1990.


He is fluent in French, German, English and Luxembourgish.


He is lecturer on the EU Passport at the University of Luxembourg, chairman of the Commission droit économique of the Luxembourg Bar, co-Chair of the Securities Law Committee of the IBA (International Bar Association), vice Chairman of the National Committee of the AEDBF Luxembourg (Association Européenne pour le Droit Bancaire et Financier).
He is member of the Board of Trustees of André Losch, Fondation and member of the Board of Trustees of Fondation André et Henriette Losch.


Pit Reckinger is “maître en droit” and holds a DEA in business law from the University of Paris 1 Panthéon Sorbonne. He became a member of the Luxembourg Bar in 1990.


Commercial, corporate and M&A

Within: Leading individuals

Pit Reckinger - Elvinger Hoss Prussen

Within: Commercial, corporate and M&A

Elvinger Hoss Prussen is regularly involved in the Luxembourg law aspects of significant sponsor-driven international deals. The ‘outstanding’ Toinon Hoss advised on Hellman & Friedman’s acquisition of Securitas, as well as on CVC’s acquisition of Linxens. Patrick Santer, Pit Reckinger and Philippe Hoss are also recommended.

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IP and IT

Within: IP and IT

Elvinger Hoss Prussen handles a range of e-commerce, data protection, IP and IT outsourcing agreements work. Linda Funck and Pit Reckinger recently advised Quilvest on the drafting of a range of IT contracts pursuant to an upgrade of its IT system.

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Legal Developments in Luxembourg

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Luxembourg introduces draft legislation to create beneficial ownership registers

    Luxembourg’s government has published draft legislation to incorporate into national law the requirements under articles 30 and 31 of the European Union’s Directive 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, better known as the 4th Anti-Money Laundering Directive. Placed before the Chamber of Deputies on December 6, 2017, draft law no. 7217 would establish a central register of beneficial owners of Luxembourg legal entities such as companies and partnerships under the authority of the minister of justice, while draft law no. 7216 would create a similar register of beneficial owners of fiduciary contracts, that is express trusts, under the authority of the Administration de l’Enregistrement et des Domaines, Luxembourg’s indirect tax authority.
  • CSSF sets out more restrictive policy on UCITS investment in non-UCITS funds

    Luxembourg’s Financial Sector Supervisory Authority (CSSF) has announced changes to its policy regarding investment by UCITS funds in non-UCITS undertakings for collective investment, amending the guidance contained in its Frequently Asked Questions document addressing the law of December 17, 2010 on undertakings for collective investment. In the interests of convergence at EU level regarding the UCITS regime, the CSSF now says that UCITS may no longer invest in other UCIs and those that have done so are required to divest their holdings as soon as possible, unless the eligibility of each target fund has been confirmed specifically through case-by-case analysis.
  • Reorganised Luxembourg law on commercial companies comes into force

    A revised version of Luxembourg’s law on commercial companies, originally dating from August 10, 2015, came into force on December 19, 2017, following its publication in the grand duchy’s official gazette (MĂ©morial A no. 1066) on December 2015 (the “Company Law”.
  • The amended EuVECA and EuSEF Regulations

    Regulation (EU) 2017/1991 amending regulations (EU) No 345/2013 on European Venture Capital Funds (EuVECAs) and (EU) No 346/2013 on European Social Entrepreneurship Funds (EuSEFs) (together, the “Regulations ”) has been published today in the Official Journal of the European Union and will be applicable as of 1 March 2018.
  • MiFID II: are you ready?

    With less than 30 days to go before the new MiFID II regime will be rolled out, funds and management companies/AIFM are increasingly concerned as to how they will be impacted:
  • Registers of beneficial ownership: new rules to be implemented soon

    The draft laws implementing AMLD 4 set out strict rules to allow for protection against improper access to the information on BOs.
  • Permanent exemption from variation margin obligation for FX forwards?

    Earlier this week, the European Supervisory Authorities (ESAs) published draft amendments to EMIR-related regulatory technical standards (RTS) that align the treatment of variation margin (VM) for FX forwards with the supervisory guidance applicable in other key jurisdictions. More specifically the draft amendments propose that the requirement to exchange VM for physically settled FX forwards shall only target transactions between institutions (credit institutions and investment firms).
  • New Circular Letter on stock option plans

    ​As announced by the Luxembourg Finance Minister in his presentation of the 2018 budget bill, the government introduced certain amendments to the current tax regime of stock option plans. In particular, the valuation of freely negotiable options will be increased as of 1 January 2018 from 17.5% to 30% of the value of the underlying stock.
  • Loi modifiĂ©e du 10 aoĂ»t 1915 concernant les sociĂ©tĂ©s commerciales-version consolidĂ©e au 19 dĂ©c

    We would like to draw your attention to the release of an official coordinated version of the amended law of 10 August 1915 on commercial companies.
  • Back to 2017 - Forward to 2018

    2017 was a busy year, not least in respect of legal and regulatory changes that may impact your business. We are pleased to provide you with an overview of the major legal and regulatory developments under Luxembourg and EU law.