Luxembourg has implemented a flexible legal framework for
securitisations since the adoption of the law of 22 March 2004 on
securitization, as amended (the "Securitisation
Law"). In 2022 the Securitisation Law has been
amended in various respects in order to provide for an even greater
flexibility (the "2022 Amendment").
Together with the Luxembourg law of 10 August 1915 on commercial
companies, as amended (the "Company
Law"), such laws have enabled investors and asset
managers to find a reliable, flexible and investor friendly
environment to structure their securitisation transactions.
This brochure offers an overview of the Securitisation Law and
its possibilities to structure securitisation undertakings in
Luxembourg.