The new Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation (hereafter the «Securitisation Regulation») will come into force on 1 January 2019.
Many practitioners in Luxembourg are wondering if the coming into force of the Securitisation Regulation should not be used by the Luxembourg legislator to optimise certain points in the current Luxembourg law of 22 March 2004 on securitisations, as amended (the «2004 Law»).
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