• Securitisation

Securitisation

With over 1,600 vehicles and assets of €715bn, and a workforce of more than 1,100 people, Ireland is the leading European jurisdiction for SPVs.

SPVs are required and used by a cross-section of the international financial services sector.  Investment funds, the aircraft leasing sector and insurance companies use SPVs to hold certain types of assets as part of their risk management strategies.

The importance of non-banking funding channels to generate real economic activity, stimulate growth and to make the financial system more resilient is well understood, with the Governor of the Irish Central Bank noting that "vibrant capital markets are essential for a well-developed and stable financial system”.

Ireland continues to lead the sector in determining and defining best industry practice.

BDO currently act as auditors and tax advisors to a large portfolio of Securitisation Companies including:

  • Aircraft Leasing Securitisations
  • CLOs
  • CDOs
  • Residential Mortgage Backed Securities (RMBS)
  • Collateralised Mortgage Backed Securities (CBMS)
  • Loan origination
  • Bond/Debt issuance
  • Life settlement assets
  • Investment fund SPVs

BDO have close working relationships with all of the major corporate service providers.

BDO is a member of the Irish Debt Securities Association with team members sitting on both the Audit Constituency Group and Tax Committee.