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On 21 January 2021, the Luxembourg Parliament adopted the Law of 22 January 2021 modifying the Law of 5 April 1993 on the financial sector and the Law of 6 April 2013 on dematerialised securities ("Law of 2021").
On 21 January 2021, the Luxembourg Parliament adopted the Law of
22 January 2021 modifying the Law of 5 April 1993 on the financial
sector and the Law of 6 April 2013 on dematerialised securities
("Law of 2021").
The Law of 2021 aims at modernising the existing legal framework
for dematerialised securities, by expressly recognising the
possibility to issue dematerialised securities through distributed
ledger technology such as blockchains.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
