Fund Finance In Luxembourg : The Essentials

Mondaq Business BriefingLuxembourg Articles in EnglishFinance and Banking (2017)

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Fund Finance In Luxembourg : The Essentials

Luxembourg - overview

Luxembourg ranks as the largest EU fund domicile jurisdiction and the second largest fund domicile jurisdiction globally.

The EU Directive 2002/47/EC on financial collateral arrangements (the Directive) was implemented in Luxembourg with the law of 5 August 2005 on financial collateral arrangements (the Financial Collateral Law). In enacting the Financial Collateral Law, Luxembourg seized the opportunity to implement a modern security interests law with a scope broader than the Directive and with enhanced creditor protection, a move which has...

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