Over the past months, the LuxCMA Infrastructure Working Group has been working on a theoretical Proof of Concept document to determine and illustrate how the distributed ledger technology (DLT) can be leveraged by the entire value chain to support the issuance and servicing of a debt security in public capital markets. LuxCMA shared the highlights of the document in question during a conference event heldat the BNP Paribas Securities Services auditorium.

Our panelists have endeavoured to demonstrate how the modernisation of the Luxembourg law of 22 March 2004 on securitisation is ushering in a new dawn for Luxembourg in CLOs securitisation.