Clifford Chance

Luxembourg Goes 'Green' - Introduction of a New Luxembourg Renewable Energy Covered Bond Regime

30 July 2018

The Luxembourg law provisions on covered bond banks (banques d'émission de lettres de gage) and covered bonds (lettres de gage, Pfandbriefe) have been amended by a new law of 22 June 2018 modifying the financial sector law of 5 April 1993 ("FSL") to introduce renewable energy covered bonds (the "RECB Law").

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