Since the introduction of the Luxembourg Securitisation Law of 22 March 2004 (“Securitisation Law“), the Luxembourg securitisation market has developed significantly. The Luxembourg legislator has succeeded in creating a modern framework that offers institutional investors a high degree of flexibility and comprehensive insolvency protection mechanisms.
This means in detail: In addition to the eligibility of all asset classes and securitisation instruments, institutional investors are now offered the possibility to create a separate cell (Compartment) within a special purpose vehicle when choosing the legal form of the issuer. This means that the assets contributed are independent of the company and of other Compartments and are therefore protected against insolvency. In addition, the respective Compartments are subject to audit by a recognised auditing firm and must meet corresponding organisational obligations.
Luxembourg has ensured transparent and clear legal certainty for institutional investors as well as reliability within the securitisation market and has established itself as the most attractive securitisation market in Europe in recent years.
The cross-border cooperation between our two locations has always proven to be helpful and profitable for our diverse customer requirements. A large number of our cooperating partners, such as law firms, tax offices, notaries as well as numerous financial services and fund specialists, are based in the direct vicinity of our German company. Therefore, we always guarantee our clients a seamless communication and a fast processing of their individual concerns. Due to the many years of experience of our employees, we can cover a broad spectrum and always ensure regulatory compliance.