LuxCMA – Luxembourg Capital Markets Association
This comprehensive guidance note is designed to help board members and professionals navigate the complexities of structured product transactions, understand the governance requirements and implement best practices.
Discover the latest initiatives recently added to ourย ๐๐ฒ๐ด๐ฎ๐นย &ย ๐ฅ๐ฒ๐ด๐๐น๐ฎ๐๐ผ๐ฟ๐ย ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ. This useful tool has been designed to inform of potential and/or upcoming developments in the capital markets legal and regulatory landscape with a particular focus on draft laws, open consultations and calls for evidence. The tracker will be updated on a monthly basis. We encourage all interested parties to explore this valuable resource and reach out to info@luxcma.lu if you are interested in assisting the LuxCMA in responding to consultations, commenting on draft laws or similar initiatives.
This updated position paper has been prepared by the Securitisation Working Group and addresses certain specific issues raised by the Regulation (EU) 2017/2402 of 12 December 2017, hereafter referred to as the EU Securitisation Regulation, which is applicable from 1 January 2019 to securitisation transactions carried out on or after that date and is closely linked to market practice.
EXCLUSIVE RELEASE FOR LUXCMA MEMBERS ONLY. This in-depth document examines the Tax Treatment of Transparent Securitisation Structures in Luxembourg shedding light on the tax treatment of recent changes to Luxembourg Securitisation law and their implications.
A document produced in collaboration with the Market Infrastructures working group. This paper delves into the evolving landscape of dematerialised securities, highlighting key insights and recommendations that are set to shape the future of securities issuance in Luxembourg. As the financial industry continues to embrace digital transformation, this publication provides valuable perspectives on the benefits, challenges, and regulatory framework surrounding dematerialised securities.
This publication aims to provide detailed insights and actionable recommendations to simplify and improve the account opening process by proposing a minimum KYC approach for share capital accounts.
This new publication aims to provide clarity and advice to stakeholders using the financial statements of Financial Vehicle Corporations (FVCs). It also aims to harmonise the level of disclosure in the financial statements of FVCs across the market.
You'll have noticed! Non-performing loans (NPLs) are one of the hottest topics in the capital markets sphere at the moment, following the recent adoption of the relevant directive by the European Union. Today, our Best Practice I Management & Corporate Governance subgroup is therefore pleased to share with you its Guidance Note on Securitisation of Non-Performing Loans!
We are pleased to share with you today our latest documentย ๐๐๐ถ๐ฑ๐ฎ๐ป๐ฐ๐ฒย ๐ก๐ผ๐๐ฒย ๐ณ๐ผ๐ฟย ๐๐ผ๐ฎ๐ฟ๐ฑย ๐ ๐ฒ๐บ๐ฏ๐ฒ๐ฟ๐ย focusing on ๐๐ถ๐ฟ๐ฒ๐ฐ๐ย ๐น๐ฒ๐ป๐ฑ๐ถ๐ป๐ดย ๐๐ถ๐๐ตย ๐ฆ๐ฒ๐ฐ๐๐ฟ๐ถ๐๐ถ๐๐ฎ๐๐ถ๐ผ๐ปย ๐ฉ๐ฒ๐ต๐ถ๐ฐ๐น๐ฒย ๐ฎ๐ย ๐ผ๐ฟ๐ถ๐ด๐ถ๐ป๐ฎ๐๐ผ๐ฟ. Main parties involved, lending process and much more! Dive in this paper and find all the answers to your questions.
Recently, the Council of the European Union (EU) officially passed the Regulation on European Green Bonds, including optional disclosures for bonds marketed as environmentally sustainable and for sustainability-linked bonds.ย Check outย LuxCMAโs view on the matter.