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Podcast : The new Luxembourg bill on professional payment guarantee

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Henri Wagner



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de Liedekerke Francois Guillaume
François Guillaume de Liedekerke



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04 June 2020

On 22 April 2020, the Luxembourg government introduced a draft of a law aiming to establish a new regime for personal guarantees in a professional context.

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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