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ARTICLE · 09 FEBRUARY 2022

CSSF White Paper On DLT And Blockchain

ELVINGER HOSS PRUSSEN, société anonyme
Explore more from ELVINGER HOSS PRUSSEN, société anonyme

On 21 January 2022, the Luxembourg Financial Authority (the "Commission de Surveillance du Secteur Financier" or ""CSSF") provided guidance with regard to the...

LuxembourgFinance and Banking
Elvinger Hoss Prussen
Elvinger Hoss Prussen

On 21 January 2022, the Luxembourg Financial Authority (the "Commission de Surveillance du Secteur Financier" or ""CSSF") provided guidance with regard to the use of the DLT in the financial sector by publishing a Communiquétogether with a press release and a white paper (the "White Paper").

Context of publication of the White Paper

In the presence of constantly evolving technologies, it is important to recall that the Law of 1 March 20191 and the Law of 22 January 20212 respectively enable the maintenance and circulation of securities by way of inscription in a distributed ledger and the issuance of such dematerialised securities through secured electronic registration mechanisms such as the DLT.

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