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ARTICLE · 23 FEBRUARY 2022

Draft Law 7825 Amending The Securitisation Law Has Been Passed!

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The amendments to the law of 22 March 2004 on securitisation (the "Securitisation Law") proposed by the much awaited draft law 7825 (the "Draft Law") are an encouraging development for investors...

LuxembourgFinance and Banking

The amendments to the law of 22 March 2004 on securitisation (the "Securitisation Law") proposed by the much awaited draft law 7825 (the "Draft Law") are an encouraging development for investors, originators and sponsors alike, since they promise a more flexible and secure framework and aim at satisfying market needs.

On 9 February 2022, Luxembourg Parliament (Chambre des Députés) adopted the Draft Law and it should be a matter of days until the amendments to the Securitisation Law (the Securitisation Law so amended, the "Amended Securitisation Law") become effective. As a reminder, on 28 May 2021 we published a Newsflash on this highly anticipated piece of legislation1.

We are preparing a comprehensive briefing on the Amended Securitisation Law. In the meantime, you will find below a summary of the key changes:

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