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BSP’s lawyers regularly share their knowledge through regular legal updates, newsletters and professional publications.
Latest Newsletters & Newsflashes
Oct 09, 2023Draft Law No. 8291 on the digital operational resilience of the financial sector
On 4 August 2023, the draft law No. 8291 (the " Draft Law ") aimed at (i) implementing Regulation (EU) 2022/2554 of 14 December 2022 on the digital operational resilience of the financial sector and amending Regulations (EC) No 1060/2009, (EU) No 648/2012, (EU) No 600/2014, (EU) No 909/2014 and (EU)
Apr 03, 2023Draft law No. 8185 | Transfer of non-performing loans
On 24 March 2023, a draft law No. 8185 (the " Draft Law ") has been submitted to the Luxembourg Parliament ( Chambre des Députés ). The Draft Law aims to (i) transpose Directive (EU) 2021/2167 of 24 November 2021 on credit managers and credit purchasers, (ii) implement Regulation (EU) 2022/2036 of
Mar 31, 2023ECJ case C-555/21 | Consumer's right to early repayment under the MCD
The Austrian Supreme Court referred a question to the European Court of Justice (the “ ECJ ”) for a preliminary ruling. The question concerned whether Article 25(1) of Directive 2014/17/EU of 4 February 2014 on credit agreements for consumers relating to residential immovable property (the " MCD ")
Mar 24, 2023Newsflash | The Law of 22 June 2022 on the management and recovery of seized or confiscated assets: what are the consequences for the professionals?
The Law of 22 June 2022 on the management and recovery of seized or confiscated assets (the " Law of 2022 "), which entered into force on 5 July 2022, aims at completing the transposition of Directive 2014/42/EU of the European Parliament and of the Council of 3 April 2014 on the freezing and
Dec 28, 2022EBA guidelines on loan origination and monitoring
European Banking Authority guidelines on loan origination and monitoring (EBA/GL/2020/06) On 29 May 2020, the European Banking Authority (the " EBA ") issued final guidelines on loan origination and monitoring (the " Guidelines "). The purpose of the Guidelines is to ensure that in-scope entities
Oct 05, 2022Luxembourg financial collateral law | Amendment law adopted
On 20 July 2022, the Luxembourg law amending, amongst others, the Luxembourg law of 5 August 2005 on financial collateral arrangements, as amended (the " Financial Collateral Law ") was published in the Luxembourg official gazette (the " New Law "). The New Law became effective on 24 July 2022. Key
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