Luxembourg:
The Luxembourg Stock Exchange Updates Its Rules And Regulations
05 March 2020
Hogan Lovells
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On January 15 2020, the Luxembourg Stock Exchange published a
new version of its rules and regulations which entered into force
on January 31 2020 (the New Rules and Regulations). The New Rules
and Regulations aim to reflect recent changes in the legal and
regulatory framework introduced by the new law on prospectuses, as
well as to take into account the feedback received by the
Luxembourg Stock Exchange from market participants over the last
few years. According to the Luxembourg Stock Exchange, the main
objective of the New Rules and Regulations (besides the integration
of mandatory legal changes) is to "provide [its] clients with
greater clarity, increased transparency and improved
usability", which will also allow for faster turn-around times
for submitted offering documents.
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