JD Supra

CFTC Says Securitization SPVs Eligible for End-User Exception

The CFTC issued a no-action letter to Ford Motor Credit to clarify that a securitization special purpose vehicle, or SPV, that is wholly-owned by, and consolidated with, a captive finance company (as ...
JD Supra

CFTC Determines That Wholly Owned Securitization SPVs of Captive Finance Companies May Elect End-User Exception

In an interpretive letter published on May 4, the Commodity Futures Trading Commission’s Division of Clearing and Risk (Division) confirmed that a securitization special purpose vehicle (SPV) that is ...
Business Recorder

Assets securitization through SPV: SBP amends directives

KARACHI: The State Bank of Pakistan (SBP) has amended the directives on assets securitization through Special Purpose Vehicle (SPV). According to the State Bank, based on the representation of banking ...
BusinessMirror

Notes on securitization

These notes will be a series of short articles on “securitization” as a form of financing. The purpose is to familiarize my readers with this manner of raising funds through a “securitization ...