Law, Tax, Compliance
Covered bonds gain visibility as CSSF launches dedicated information page
Published on 25 February 2026
The CSSF has announced the launch of a dedicated webpage centralising all key information relating to Luxembourg’s covered bond framework. The new page brings together the legal framework, supervisory guidance, application procedures, reporting requirements and disclosure lists for issuing banks, thereby enhancing transparency, accessibility and legal clarity. 🔗 The CSSF’s dedicated covered bonds page is available here:https://www.cssf.lu/en/covered-bonds/ Following the recent reform of Luxembourg’s covered bond regime and the opening of issuance to all Luxembourg credit institutions, Marilyn Rinck, Head of Banking Regulation, Financial Markets and ESG at the ABBL, reacts to this development.
Summary
How has ABBL’s involvement contributed to the enhancement and increased visibility of Luxembourg’s covered bond framework?
Over the past four years, ABBL has played an active role in shaping the evolution of Luxembourg’s covered bond landscape. Working hand in hand with our members, the CSSF, and other key stakeholders, we have aimed to build a framework that is both modern in design and practicable in operation. Throughout this process, our role has often been that of a bridge, connecting the insights and expectations of the industry with the priorities of public authorities.
The launch of the CSSF’s dedicated information page marks a real milestone in this journey. It’s the visible result of many months of dialogue, technical input, and shared ambition to make the market more accessible and better understood.
Beyond the symbolism, it reflects a maturing regulatory environment and a growing awareness of how covered bonds can contribute to Luxembourg’s wider financial ecosystem.
What concrete impacts are emerging from the updated covered bond regime for market activity and Luxembourg’s competitiveness?
The reform has clearly energised the market. We’re seeing renewed interest from issuers who appreciate Luxembourg’s pragmatic yet solid approach to regulation and supervision. There’s a sense of confidence returning, not only among domestic players but also international ones who view Luxembourg as a credible and efficient jurisdiction for covered bond issuance.
This momentum is reinforced by the CSSF’s new webpage, which gives the framework greater visibility and ensures information is easy to access. Together, these developments position Luxembourg firmly back on the European covered bonds map, highlighting its ability to combine regulatory strength with market openness.
Marilyn Rinck
Head of Banking Supervision, Financial Markets & ESG
Published on 25 February 2026