# Management of the Orphan SPV

<figure><img src="/files/PEPZEJBh9Wv8KQ7Sezd3" alt=""><figcaption></figcaption></figure>

To effectively manage an Orphan SPV in a securitization transaction, several key service providers need to be appointed to ensure the SPV's independence and smooth operation. These include:

* Share Trustee: Manages the shares of the SPV, ensuring that they are held independently from the parent company.
* Independent Director(s): Directors who are not connected to the parent company, ensuring unbiased decision-making.
* Company Secretary (if required): Handles administrative tasks and compliance requirements.
* Registered Office Provider: Provides a legal address and manages official correspondence.


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