Best Practice l Structured Products Decoded: Management and Governance Essentials

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.

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Legal & Regulatory Watch I Tracker I Monthly Update

Discover the latest initiatives recently added to ourย ๐—Ÿ๐—ฒ๐—ด๐—ฎ๐—นย &ย ๐—ฅ๐—ฒ๐—ด๐˜‚๐—น๐—ฎ๐˜๐—ผ๐—ฟ๐˜†ย ๐—ง๐—ฟ๐—ฎ๐—ฐ๐—ธ๐—ฒ๐—ฟ. 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.

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Securitisation l Updated Perspectives on the EU Securitisation Regulation

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.

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Protected: Tax l The Tax Treatment of Transparent Securitisation Structures in Luxembourg

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.

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Listing Act l Issuance of debt securities in Luxembourg – Immobilisation, Dematerialisation & beyond

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.

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Best Practice l Guidance Note for Board Members l Financial Statements & Disclosures

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.

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Best Practice I Guidance Note for Board Members I Securitisation of Non-Performing Loans (“NPLs”)

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!

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Best Practice I Guidance Note for Board Members l Direct lending with Securitisation Vehicle as Originator

We are pleased to share with you today our latest documentย ๐—š๐˜‚๐—ถ๐—ฑ๐—ฎ๐—ป๐—ฐ๐—ฒย ๐—ก๐—ผ๐˜๐—ฒย ๐—ณ๐—ผ๐—ฟย ๐—•๐—ผ๐—ฎ๐—ฟ๐—ฑย ๐— ๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฟ๐˜€ย focusing on ๐——๐—ถ๐—ฟ๐—ฒ๐—ฐ๐˜ย ๐—น๐—ฒ๐—ป๐—ฑ๐—ถ๐—ป๐—ดย ๐˜„๐—ถ๐˜๐—ตย ๐—ฆ๐—ฒ๐—ฐ๐˜‚๐—ฟ๐—ถ๐˜๐—ถ๐˜€๐—ฎ๐˜๐—ถ๐—ผ๐—ปย ๐—ฉ๐—ฒ๐—ต๐—ถ๐—ฐ๐—น๐—ฒย ๐—ฎ๐˜€ย ๐—ผ๐—ฟ๐—ถ๐—ด๐—ถ๐—ป๐—ฎ๐˜๐—ผ๐—ฟ. Main parties involved, lending process and much more! Dive in this paper and find all the answers to your questions.

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