Podcast : The new Luxembourg bill on professional payment guarantee

This regime aims to increase the contractual freedom of personal guarantees while strengthening their legal certainty, and purports to achieve for personal guarantees what the Luxembourg act of 5 August 2005 on financial collateral arrangements (as amended) achieved for security interests.

The Allen & Overy Financial Regulatory team provides an overview to help market participants benefit from this proposed new regime in the context of international financial transactions.

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