Special Purpose Vehicle (SPV)
We provide excellent and proven experience in the incorporation and management of SPVs
A securitisation SPV must meet the following minimum requirements:
- an exclusive corporate object
- independence from the Originator, as required by Rating Agencies
- insulation from risk (limited recourse and non petition)
Securitisation Services suggests the most appropriate solution to achieve all the required targets.
Securitisation Services provides a comprehensive service to the set-up and accounting, administrative and tax management of special purpose vehicles, including:
- assistance in defining the SPV’s memorandum and articles of association
- provision of independent directors (individuals or entities, where permitted)
- domiciliation, registered office and maintenance of statutory books
- submission of reports and disclosures to the authorities in compliance with applicable regulations
- bookkeeping and preparation of the annual financial statements