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  • 03-06-2021

A draft bill (7822/00) relating to the issuance of covered bonds was recently deposited to implement EU Directive 2019/2162/EU into Luxembourg law. 

The draft bill introduces several innovations. Notably, it introduces a product-centric approach to the issuance of covered bonds by allowing all Luxembourg credit institutions to issue such covered bonds within certain limits. 

To read the full newsletter click here.

This article was originally published in the Banking & Financial Services Newsletter of the International Law Office.

 

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