Securitisation in Luxembourg – A Vibrant Market with a Flexible Toolbox
The Luxembourg legal framework on securitisation is very sophisticated, flexible and recognised by the market. Since the introduction of the Securitisation Law in 2004, Luxembourg has become one of the major hubs in Europe for public and private securitisations. Having taken into account developments with regard to the regulatory framework applicable to securitisation transactions within the EU and practical experiences from the market, it is now envisaged to modernise the Securitisation Law to provide further legal certainty with respect to securitisation transactions structured via Luxembourg.
As such, the webinar will cover the following aspects:
• Description of the market including statistics
• Main elements of the Luxembourg Securitisation Law
• Available asset classes
• Main elements of the modernisation of the Luxembourg Securitisation Law
• Latest developments on tax structuring for Luxembourg securitisation vehicles
• Case study
Andreas Heinzmann is a partner in the banking and capital markets group of GSK Stockmann in Luxembourg and specialises in securities law and capital markets regulation and international banking work. He advises banks, financial institutions and corporates on the issue of debt and equity securities including stock exchange listings, securitisations, repackagings, high-yield bonds, structured products and derivatives and publishes regularly in this field of expertise. Andreas is a member of working groups on securitisation organised by bodies of the financial industry in Luxembourg.
Mathilde Ostertag heads the tax practice at GSK Stockmann in Luxembourg. Her areas of expertise include domestic and international tax law, in particular tax planning, private equity, real estate, start-ups and other foreign investment structures. She also has in-depth knowledge on capital market transactions, cross-border restructurings, i.a. inbound and outbound migrations, mergers and acquisitions and debt restructuring. Mathilde is a board member of the Ladies in Law Luxembourg Association (“LILLA”) which aims at actively promoting gender diversity and women in senior positions in the legal sector. She is also a member of the International Fiscal Association (“IFA”) and the International Bar Association (“IBA”).