Udo Prinz specialises in financial regulatory matters, mergers and acquisitions in the financial sector, as well as in securities, derivatives, finance, insolvency, corporate and general banking law matters. Udo further specialises in the digitalisation of financial services, Fintech and insurance and reinsurance regulatory work. He advises all kinds of financial institutions and their counterparties and investors.
Udo is a member of committees of the Luxembourg Bankers’ Association (ABBL) on financial regulation topics. He is a regular contributor to legal journals and former associate lecturer (Chargé de Cours Associé) at the University of Luxembourg in international financial laws and regulations.
- Banks, insurance undertakings and other financial institutions on setting up of operations (including licensing process in Luxembourg and creation of foreign branches)
- Banks, insurance undertakings and other financial institutions and international companies on a large scale of matters, including on licensing questions, cross-border business, organisational and corporate governance requirements, rules of conduct (including MiFID), payment services, outsourcing, professional confidentiality, personal data protection and anti-money laundering and counter-terrorism financing (AML/CTF)
- Banking group on the reorganisation and cross-border merger into France of various financial institution sub-groups based in Luxembourg and Germany
- The acquirer of a major bank in Luxembourg
- Credit Agricole Luxembourg (CAL) on cross-border merger of Credit Agricole's Belgian bank subsidiary into CAL to become CAL's Belgian branch
- Puilaetco Dewaay Private Bankers on the acquisition of the Belgian branch of UBS (Luxembourg) S.A.
- In relation to various insurance and reinsurance M&A transactions
- Luxembourg credit institutions and other professionals of the financial sector on their winding up and licence return
- Luxembourg credit institutions and financial holdings in connection with the issuance of AT1, Tier 2 and other forms of hybrid capital as well as advising on MREL and TLAC requirements
- Luxembourg reinsurance company on issuing of Solvency II tier 2 and ancillary tier 2 own fund instruments
- Luxembourg credit institutions in relation to issuances of fiduciary notes
- Luxembourg banks and financial holding on Banking Union related matters
- Ongoing advice on securities, custody, payment, settlement and clearing related matters
- US and Luxembourg banks and financial holdings in connection with recovery and resolution planning ("living will")
- Ongoing advice on impact of restrictions and limitations under bank restructuring and resolution and general bankruptcy law on transactions and documentations (including opinions)
- ICMA, ISLA, FIA Europe and Association of German Banks (BdB) and other market participants on standard industry and individual netting, collateral and clearing opinions
News and client work
Contact details
- Clifford Chance, Luxembourg
- +352485050232
- Email me
- Speaks English, German, French and Luxembourgish
- Practice area Financial regulation, Global Financial Markets
- Sector Banks, Funds & investment management, Insurance
Career and qualifications
- University of Bonn 2001
Professional bodies
- Member of the Luxembourg section of the International Insurance Law Association (AIDA)
- Member of the Luxembourg bar association
- Member of the Banking Supervisory Committee of the Luxembourg Bankers' Association (ABBL)
- Member of the Digital Strategy Committee of the Luxembourg Bankers' Association (ABBL)
- Member of the Association Luxembourgeoise des Juristes de Droit Bancaire (ALJB)