Main benefits of the law on financial collateral arrangement

INTRODUCTION The main features of the Luxembourg law of 5 August 2005 on financial collateral arrangements (the "Law"), which implemented the Financial Collateral Directive 2002/47/EC of 6 June 2002 onfinancial collateral arrangements (the "Collateral Directive") are: liberalised rules for creating and enforcing financial collateral arrangements; ................
................