Rule · BCL · 10 Jul 2009 · Circulaire BCL 2009/226
Credit institutions are exempted from notifying the Central Bank of Luxembourg of assets held by Kaupthing Bank Luxembourg S.A. following its restructuring via a split, with Circular BCL 2008/222 repealed immediately. Additionally, institutions are exempted from notifying assets held by Glitnir Bank Luxembourg S.A. (in liquidation) under Circular BCL 2008/221, although the provisions of that circular continue to apply to assets held by Landsbanki Luxembourg S.A. in liquidation.
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To all credit institutions
Circular BCL 2009/226 Luxembourg, 10 July 2009
Subject:
Dear Sirs,
Following the restructuring of Kaupthing Bank Luxembourg S.A. in the form of a split of the company effective today, the recipients of this circular are exempted from notifying the Central Bank of Luxembourg of the assets held by the restructured institution with them in accordance with the terms of Circular BCL 2008/222. The circular is repealed with immediate effect.
Recipients are furthermore exempted, effective today, from notifying the Central Bank of Luxembourg of the assets held with them by Glitnir Bank Luxembourg S.A. (in liquidation) in accordance with Circular BCL 2008/221. The provisions of this circular continue to apply with regard to assets held by Landsbanki Luxembourg S.A. in liquidation.
Please accept, Sirs, the expression of our distinguished sentiments.
The Management
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“The circular is repealed with immediate effect.”
“Amendments to Circular BCL 2008/221 of 8 October 2008”
This document amends: BCL Circular 2008/221 of 8 October 2008 — Payment Moratorium - Landsbanki Luxembourg S.A. and Glitnir Bank Luxembourg S.A.
This document supersedes: BCL Circular 2008/222 of 9 October 2008 - Payment Moratorium - Kaupthing Bank Luxembourg S.A.
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