It's time for a LuxCMA update! Following the entry into force of the modernised Luxembourg Securitisation Law of March 8th, 2022, find out today the latest update of the existing Guidance Note focused on Collateralised Loan Obligation ("CLO") prepared by our LuxCMA Best Practice Working Group - Management & Corporate Governance. The publication will drive you, amongst others, into the notions of investment manager, collateral administrator and collateral reporting.

Our Best Practice Guidance Note - Introduction on receivables is accessible to all #LuxCMA followers. The paper has been published by LuxCMA Best Practice Working Group - Management & Corporate Governance and touches some interesting points regarding the securitisation of receivables and the relevant common reporting. The note is a good tool to navigate the structure of one of the most common type of underlying asset in securitisation transactions and includes the general common scheme of set-up, indications about the servicer and its role, the trustee, the common reporting such as the servicer report and the investors report.