Management of the Orphan SPV
Last updated
Last updated
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.
