Skip to content

Podcast : The new Luxembourg bill on professional payment guarantee

Related people
Henri Wagner

Partner

Luxembourg

View profile →

de Liedekerke Francois Guillaume
François Guillaume de Liedekerke

Counsel

Luxembourg

View profile →

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.

 

Listen to the Podcast on:

Podbean-logo  

Recommended content