Law on Credit Institution and Investment Firm Failure (Consolidated)
Summary
CSSF published the consolidated version of the Law of 18 December 2015 on the failure of credit institutions and certain investment firms, updated through April 2026. The law establishes the legal framework for managing the resolution and orderly winding-up of failing credit institutions and investment firms in Luxembourg, transposing relevant EU directives including BRRD. The consolidated text applies to credit institutions, investment firms, and consumers under CSSF supervision.
What changed
The CSSF published the consolidated version of Luxembourg's bank resolution law, originally enacted on 18 December 2015, now updated as of April 2026. The law provides the legal framework for handling the failure of credit institutions and certain investment firms, incorporating amendments made since 2015.
Credit institutions and investment firms operating in Luxembourg should review the consolidated text to understand current resolution procedures, bail-in mechanics, and write-down requirements. Consumer protection authorities should also familiarize themselves with the framework as it affects depositor and investor protections in failure scenarios.
What to do next
- Review consolidated bank resolution law for changes affecting your institution
- Update internal resolution planning procedures to reflect current legal requirements
- Monitor CSSF publications for further updates to the resolution framework
Archived snapshot
Apr 8, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Published on 18 December 2015 Updated on 3 April 2026 Law
Law of 18 December 2015 (consolidated version) (being updated)
on the failure of credit institutions and certain investment firms
Relevant for
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