In the UK the Special Purpose Entities (SPEs) through which asset backed securities (ABS) are issued are usually public limited companies required to file annual audited financial statements prepared under EU-adopted IFRS or UK GAAP. Audited financial statements are also required in locations such as Jersey, Holland, Ireland and Luxembourg.
PwC's Structured Finance Group (SFG) can help you make sure that you capture and accurately represent the structured finance and complex derivative contracts you hold within your financial and risk systems.
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