ABOUT BNP PARIBAS
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 74 countries, with more than 192,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending.
BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.

Through a network of securitization specialists encompassing more than 40 countries, Deloitte, in the U.S. and globally through the member firms of Deloitte Touche Tohmatsu Limited, has one of the largest groups of dedicated accounting, advisory and technology professionals in the world. Deloitte's specialists have the industry experience and know-how to serve clients throughout the securitization life cycle from origination, pooling, and capital raising to servicing, reporting, and operations support. Deloitte appreciates that securitization is a highly complex and intricate process which affects all parts of your business. Our interdisciplinary approach in addressing the complexities of these subjects enables us to offer tailored services that apply to the specific conditions for, and directions of, each client. Working closely with you, and your other advisors, we are able to gain an understanding of your needs and your objectives from both a structural and business perspective. Deloitte is then able to help you shape the most appropriate innovation solutions to help address the administration, accounting, compliance, and surveillance demands of today's market. Understanding our clients' needs and responding to them quickly, with consistent, knowledgeable advice and strategic ideas is the cornerstone of our client service philosophy. It has made Deloitte a leading global provider of accounting related services to the securitization industry.

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations.

Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of credit market data, analytical tools and risk services; BMI Research, an independent provider of country risk and industry analysis specializing in emerging and frontier markets; and Fitch Learning, a preeminent training and professional development firm. With dual headquarters in London and New York, Fitch Group is majority owned by Hearst.
 
 
 

Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody's Corporation (NYSE: MCO) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. Both organizations are supported by Moody's Shared Services.

Morgan Stanley has earned a worldwide reputation for the excellence of its advice and execution in financial markets. With offices in more than 42 countries, the Firm is truly global - and a market leader in the U.S., Europe and Asia as well as in emerging markets. Morgan Stanley's success rests on the talents and passion of our people, who share a common set of values and bring excellence and integrity to everything they do. We seek to grow long-term relationships by virtue of our consistently rigorous thinking and the unsurpassed access to financial markets that Morgan Stanley can bring. This means providing leadership in specific areas such as investment banking, debt and equity underwriting, research, and sales and trading. We also focus increasingly on creating custom-tailored solutions that cut across functions to help our clients realize new opportunities and solve complex problems. Our aim is to be the first choice of everyone who deals in financial markets, whether as prospective clients, employees or investors.

Natixis is the international corporate and investment banking, asset management, insurance and financial services arm of Groupe BPCE, the 2nd-largest banking group in France with 31 million clients spread over two retail banking networks, Banque Populaire and Caisse d’Epargne. With more than 17,000 employees, Natixis has a number of areas of expertise that are organized into four main business lines: Asset & Wealth Management, Corporate & Investment Banking, Insurance and Specialized Financial Services.
A global player, Natixis has its own client base of companies, financial institutions and institutional investors as well as the client base of individuals, professionals and small and medium-size businesses of Groupe BPCE’s banking networks.
Listed on the Paris stock exchange, it has a solid financial base with a CET1 capital under Basel 3(1) of €12 billion, a Basel 3 CET1 Ratio(1) of 10.65 % and quality long-term ratings (Standard & Poor’s: A / Moody’s: A2 / Fitch Ratings: A).
 
(1)Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise - without phase-in .
Figures as at December 31, 2017
 

NatWest Markets offers its customers global market access, providing them with financing and risk management solutions, built around rates, currencies and financing products. We have sales and trading operations in London, Singapore and Stamford, and sales offices in Dublin, Hong Kong and Tokyo.

Our Securitised Products team is one of the longest established in Europe providing services and risk capacity to ABS issuer and investor customers in the primary, secondary, and private markets. This includes primary structuring and distribution, secondary sales, strategy and trading, bilateral private underwriting, warehousing and term financing.

Our capability and expertise covers a broad range of asset types, from liquid prime to illiquids and non-performing.    

S&P Global Ratings, a division of S&P Global Inc. (NYSE: SPGI), is a leading provider of credit ratings. Our ratings are essential to driving growth, providing transparency and helping educate market participants so they can make decisions with confidence. With more than 1.1 million credit ratings outstanding, approximately 1,400 credit analysts and a presence in 28 countries, we offer a unique combination of global coverage and local insight. We provide our opinions and research about relative credit risk; market participants gain information to help support the growth of transparent, liquid debt markets worldwide. Learn more at www.spglobal.com/ratings.

DBRS is an independent, privately held, globally recognized credit ratings agency with offices in Toronto, New York, Chicago, Mexico City, London and Frankfurt. We strive to differentiate ourselves from competitors through a more pragmatic rather than mechanistic approach, in-depth research and unequalled mandate execution.

Founded in 1976, we are a rapidly growing, international ratings agency with deep roots in Canada. Our four decades' experience and strong track record provide the foundation for us to seek out new opportunities and to make targeted investments that align with our core ratings operations. We do not seek to achieve scale in all markets, but when we choose to enter a new market, we strive to become a leading player known for trusted ratings, opinions and products.

Our approach and our size as the world's fourth-largest ratings agency allow us to be nimble enough to respond to customers' needs in their local markets but large enough to provide the necessary expertise and resources they require. We build meaningful relationships, which contribute to a convincing value proposition for investors and issuers to choose us as a globally accepted alternative to other ratings agencies.

ING Wholesale Banking (WB) meets all banking needs of large corporations, multinationals and financial institutions. With a history that stretches back some 200 years, we have made a name for ourselves by helping clients build successful businesses. We do this by ensuring we understand their unique needs, by being a trusted advisor to them for the long term and by proactively creating innovative solutions and executing them flawlessly.

In addition to the basic banking services of lending, payments & cash management and treasury, we provide tailored banking solutions in areas including corporate finance, leasing, structured finance, commercial finance (factoring), equity markets and debt capital markets. In short, we can finance growth, manage the day-to-day banking needs of our clients and provide them with a full range of banking solutions to help to achieve their business goals.

We are a truly international team of more than 11,000 banking professionals with local knowledge and a presence in 40 countries.

Ingwb.com

Rabobank is an international financial services provider operating on the basis of cooperative principles. It offers retail banking, wholesale banking, private banking, leasing and real estate services. As a cooperative bank, Rabobank puts customers’ interests first in its services. It serves approximately 8.6 million clients around the world. It is committed to making a substantial contribution to welfare and prosperity in the Netherlands and to feeding the world sustainably.

Markets is the organisational umbrella housing all of Rabobank’s Financial Markets related activities. Its core activities include Money Markets, Derivatives, Corporate & FI Sales and Capital Markets. Its main purpose is to provide innovative and professional financial services to enable the Bank’s clients to achieve their financial aims both through our core Food and Agri businesses as well as within other key expertise areas such as Commodities and Securitisation.

Rabobank's Capital Markets team of professionals are dedicated to servicing the strategic, financial and capital raising needs of our institutional and corporate clients in the following sectors: Securitisation & Covered Bonds, Financial Institutions, Public Sector (SSA), Corporates, Equity Capital Markets and Loan Syndication.

www.rabobank.com

With offices in all of the world's major financial centers, our securitization and structured finance lawyers have a deep understanding of the laws and business issues related to capital markets and local financial systems. In addition to our strong track record in the traditional financial centers of London, New York, Tokyo and Frankfurt, we are on the cutting edge of financing deals in emerging markets in the CIS, CEE and Turkey.
From structuring to documenting and closing, we tailor solutions to the financial, regulatory and tax requirements of each transaction across industries and jurisdictions. We advise corporates, commercial banks, investment banks and rating agencies on complex public and private term financing deals and single and multi-sector conduit securitizations and supply chain financings across asset classes.
We are widely recognized for our work on multijurisdictional, pioneering transactions, and have developed an ebook, The Global Guide to Legal Issues in Securitization, which covers the legal, tax, accounting and regulatory issues related to securitization structures on a country-by-country basis.

BNY Mellon is the premier provider of corporate trust services to the debt capital markets, providing customized and market-driven solutions to investors, bondholders and lenders. As of March 31, 2018, BNY Mellon Corporate Trust served as trustee and/or paying agent on more than 53,000 debt-related issues globally. The corporate trust business utilizes its global footprint and expertise to deliver a full range of issuer and related investor services including trustee, paying agency, fiduciary, escrow, and other financial services. The business administers a wide array of assets and types of programs to multinational corporations, financial institutions, governments and their agencies, and the banking, securities, and insurance industries.

To learn more about BNY Mellon Corporate Trust, please visit our website. Members of the media, contact Chris Fox (christopher.fox@bnymellon.com)

Cadwalader, Wickersham & Taft is proud of 225 years of service to many of the world’s most prestigious institutions. With more than 350 attorneys in our offices in New York, London, Charlotte, Washington and Brussels,  the firm offers clients innovative solutions to legal and financial issues in a wide range of areas. Cadwalader’s securitisation and structured finance team is an acknowledged legal industry leader in the creation and structuring of securitisations, derivatives, synthetic securities, and other structured finance products. We have ranked at the top in issuer and underwriter representations—both in the number of deals closed and the total dollar amount of these deals—for the 18th consecutive year. In addition to our ABS experience, Cadwalader is recognised as a top-tier provider of legal services for the global CLO market. To date, we have assisted our clients in nearly 300 CLO transactions. Cadwalader is the go-to firm for the market. www.cadwalader.com

Crédit Agricole CIB is the Corporate and Investment Banking arm of the Crédit Agricole Group, the world’s n°13 bank measured by Tier One Capital  (The Banker, July 2017). The Bank offers its clients a comprehensive range of products and services structured around six major divisions:

The Bank provides support to clients in large international markets through its network with a presence in major countries in Europe, America, Asia Pacific and the Middle East.

For more information, please visit its website at www.ca-cib.com

Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies. As an integrated bank, Credit Suisse offers clients its combined expertise in the areas of private banking, investment banking and asset management. Credit Suisse provides advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York.

EY is a leader in shaping the financial services industry

We are a global leader in assurance, tax, transaction and advisory services. Over 30,000 of our people are dedicated to financial services, serving the banking and capital markets, insurance, and wealth and asset management sectors.

When the financial services industry works well, it creates growth, prosperity, and peace of mind for hundreds of millions of people.  No other industry touches so many lives or shapes so many futures.

At EY Financial Services, we share a single focus — to build a better financial services industry, not just for now, but for the future. We train and nurture our inclusive teams to develop minds that can transform, shape and innovate financial services. Our professionals come together from different backgrounds and walks of life to apply their skills and insights to ask better questions. It’s these better questions that lead to better answers, benefiting our clients, their clients and the wider community. Our minds are made to build a better financial services industry.  It’s how we play our part in building a better working world.

ey.com/FSminds

HSBC is one of the world’s largest banking and financial services organisations. We serve around 38 million customers through four global businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking. Our network covers 67 countries and territories in Europe, Asia, the Middle East and Africa, North America and Latin America.

With around 3,900 offices worldwide, we aim to be where the growth is, connecting customers to opportunities, enabling businesses to thrive and economies to prosper, and ultimately helping people to fulfil their hopes and realise their ambitions.

Mayer Brown is a distinctively global law firm – uniquely positioned to advise the world's leading companies and financial institutions on their most complex deals and disputes. Our firm serves many of the world’s industry and financial services leaders, including a significant portion of the world’s largest banks and investment banks, as well as many Fortune 100, FTSE 100, CAC 40, DAX, Hang Seng and Nikkei index companies.
 
Mayer Brown is widely acknowledged as having one of the premier securitisation practices in the world. We bring innovation to the global securitisation market and have a reputation for developing new technology and structuring innovative solutions. With more than 100 structured finance lawyers in offices across Europe, the Americas and Asia, we have one of the largest structured finance practices in the world –  and with that size comes the knowledge, experience and workforce to tackle transactions of any scale in almost any jurisdiction. We are regularly engaged on global projects that require multi-jurisdictional teams that few other firms can offer.
 

StormHarbour is an independent global markets and financial advisory firm founded on the core values of integrity, trust and global expertise.

A team of almost 160 professionals across offices in New York, London, Lisbon, Madrid, Hong Kong, Tokyo and Dubai focuses on sales & trading, structuring & advisory and capital markets activities.  The firm provides innovative financing and structuring solutions across the balance sheet with vast experience in the credit, equity and alternatives markets.

Our key strength are:

Wells Fargo Securities delivers a comprehensive set of capital markets products and services to customers, including originating and distributing public debt and equity, hedging interest rates, commodity and equity risks, advising on mergers and acquisitions, and originating structured lending facilities and municipal bonds. The institutional broker dealer is comprised of nearly 5,000 team members in more than 40 offices across the United States, Europe and Asia.

Wells Fargo is a premier provider of corporate trust services to the capital markets, serving the needs of investors, bondholders, and lenders. We offer trustee, agency, fiduciary, escrow, and other financial services to private corporations and government entities globally. We support clients across Europe, internationally and throughout the U.S. and can administer a wide array of assets and types of programs, including ABS, RMBS, CMBS, CLO securities and their underlying collateral, lease, fund services, Delaware statutory trusts, and various warehouse and conduit programs. Our offices are located in London, Dublin, and across the U.S. https://www.wellsfargo.com/com/securities
 
Wells Fargo Securities is the trade name for capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including Wells Fargo Securities International Limited and Wells Fargo Bank N.A., London Branch, both are authorized and regulated by the Financial Conduct Authority.
© 2018 Wells Fargo. All rights reserved.
 

As Intesa Sanpaolo's investment bank, Banca IMI is part of Italy's leading banking group whose network also includes a major international presence.
Banca IMI's key objective is to serve its customer base of institutional investors, financial networks, corporates, and government institutions, supplying financial products and services developed with standards of excellence.
Employing the expertise and skills of more than 850 professionals, Banca IMI is active in investment banking, structured finance and capital markets, operating in the main national and international markets, through offices in Milan, a London branch, and a subsidiary, Banca IMI Securities Corporation, based in New York.
Banca IMI provides a large range of financial products and solutions and has a strong finance and securities trading activity.  It structures risk management products for companies, institutional investors and local authorities and assists client companies in the raising of venture and debt capital, providing also financial consultancy solutions.
Banca IMI originates, structures and distributes securitisations, ABCP conduit and asset-based financing transactions across all asset classes and covered bond programmes on behalf of financial institutions and European corporate clients.
It also provides secondary market expertise  managing  ABS, MBS, CDO & Covered Bond trading books for the benefit of Banca IMI's broad institutional investor base across Europe and North America.
 

CSC® is one of the world's largest privately held businesses to offer debt-focused administration services to an institutional client base.
 
We provide tailored Corporate Administration, Corporate Trust and Agency, and Specialized Outsourcing services in the areas of private equity, real estate, and structured finance markets.
 
We support alternative finance lenders, fund managers, borrowers, and capital markets participants across the full range of asset classes with dedicated financial teams, offering a comprehensive range of adaptable services to address needs across the United States, Europe, and the Asia-Pacific regions.
 
CSC is focused on adaptive technologies, and able to develop bespoke solutions to complex transaction issues. We are the trusted partner for 90% of the Fortune 500®, nearly 10,000 law firms, and more than 3,000 financial organizations.
 
Headquartered in Wilmington, Delaware, USA, since 1899, we are a global company capable of doing business wherever our clients are—and we accomplish that by employing experts in every business we serve.

With 27 offices spanning Africa, Asia, Australia, Europe, the Middle East and the US, we advise many of the biggest and most ambitious organisations across all major regions of the globe. Our clients trust us with their most important projects, because of our ability to cut through complexity and mitigate risk.

Our securitisation and structured finance team offers a comprehensive and tailored service to an international client base which is well-balanced between originators, arrangers and other market participants. We understand the commercial reality of transactions, and we use that knowledge to find practical solutions to achieve the desired outcome for our clients.

We have extensive experience across a wide range of products and asset classes, including commercial and residential mortgages, trade/inventory receivables, peer to peer, consumer lending and hire purchase, auto and fleet receivables, aircraft and mining equipment leases, infrastructure and energy, as well as covered bonds and whole business securitisations.

Chambers UK describes our securitisation team as "fast, responsive, and clever at coming up with solutions to complex problems", working on "high-end and multi-jurisdictional transactions".

We won Legal Business: Finance Team of the Year 2016, The Lawyer: Finance Team of the Year 2016, British Legal Awards: Finance Team of the Year and Innovation in Securitisation at the Financial Times Innovative Lawyers Awards for our advice to Virgin Atlantic Airways on the ground-breaking £220m securitisation bond financing of their London Heathrow take-off and landing slot portfolio. Our work on the Bazalgette whole business securitisation of the Thames Tideway Tunnel won European Social Infrastructure Project of the Year 2016 at Infrastructure Journal's Debt Awards for Excellence.

For further details see: http://www.herbertsmithfreehills.com/practice-areas/finance/securitisation.

Orrick is a global law firm focused on serving the technology, energy & infrastructure and finance sectors. Structured as one team, our lawyers work across 25+ markets in Europe, the United States, Asia and Africa, and we serve Latin America primarily from our office in Houston. Our Structured Finance team advises issuers, lenders, underwriters and investors involved in securitizations and in other structured products globally. The team is consistently ranked among the top issuers’ and underwriters’ counsel in the U.S. ABS, CMBS and RMBS markets. Our European practice is at the center of regulatory change in the European banking markets. We’re ranked Tier 1 for Structured Finance and Derivatives in France by Legal 500 2017, and we’ve been recognized as the #1 firm for nonperforming loan securitizations in Italy for the past two years by Legalcommunity. We innovate not only in our legal advice but also in the way we deliver legal services. In recognition of our work, Financial Times named us #1 on their list of the most innovative law firms in North America in 2017 for an unprecedented second year in a row. To find out more, visit us at orrick.com.
 

RBC Capital Markets is a premier global investment bank providing expertise in banking, finance and capital markets to corporations, institutional investors, asset managers and governments around the world. We serve clients from 70 offices in 15 countries across North America, the UK, Europe and the Asia-Pacific region.

Our more than 7200 professionals deliver the experience and insights required to raise capital, access markets, mitigate risk and acquire or dispose of assets for clients worldwide. We are consistently ranked, by third-party sources, among the 10 largest and most significant investment banks globally.

Royal Bank of Canada.   RBC Capital Markets is part of a leading, diversified provider of financial services, Royal Bank of Canada (RBC). Operating since 1869, RBC is one of the largest banks in the world and the fifth largest in North America, as measured by market capitalization. With a strong capital base and consistent financial performance, RBC is among a small group of highly rated global banks.

Scope Ratings is the leading European credit rating agency. The company specialises in the analysis and rating of financial institutions, corporates, structured finance, project finance and public finance. Scope Ratings offers credit risk analysis that is opinion-driven, forward-looking and non-mechanistic – an approach which adds to a greater diversity of opinions for institutional investors. Scope Ratings is registered in accordance with the EU rating regulation and operating in the European Union with ECAI status. Scope Ratings is part of the Scope Group with headquarters in Berlin and offices in Frankfurt, London, Madrid, Milan, Oslo and Paris.

About UniCredit Corporate & Investment Banking

UniCredit is a simple, pan-European commercial bank providing unique access to Western, Central and Eastern Europe with an unrivalled strategic presence in 14 European core markets and an International Network spanning another 16 countries worldwide.

UniCredit Corporate & Investment Banking is fully plugged into UniCredit Group and serves 1,500 multinational corporates and key financial institutions and supports the Group’s corporate banking units in delivering services to 600,000 corporate and public sector clients. Furthermore, we deliver investment solutions for UniCredit’s retail and private banking clients.

At home throughout Europe, we are the partner of choice for our clients’ increasingly sophisticated demand for Corporate Banking and Transaction Services, Structured Finance, Capital Markets and Investment Products. We offer local expertise as well as international reach and accompany our clients globally. We are a leading corporate lender and underwriter in Europe with over EUR 300 billion outstanding. As a leader in debt and trade finance, we consistently rank in the top three positions in league tables for combined loans and bonds in Euros and are recognized as a Trade Finance Powerhouse in Western, Central and Eastern Europe. 

UniCredit CIB is an expert in structured products based on securitisation techniques. The Securitised Products Team, within the Corporate & Investment Banking division, structures, finances and places transactions for corporate clients and financial institutions in the core markets of UniCredit as well as for UniCredit.
 
The business model of Securitised Products for corporate clients is geared towards international and national companies, and satisfies their needs with tailored solutions.
 
UniCredit has developed and implemented a series of successful securitisation platforms addressing risk transfer as well as funding requirements. In addition, UniCredit is active as a sponsor on the European and American market with the multi-seller program Arabella Finance, one of the largest program in Europe.

Dentons is the world's largest law firm, and we represent every type of market participant in securitisation and asset-backed finance transactions. We are considered one of the true leaders in the mortgage and real estate finance sectors—for over 30 years we have helped issuers and underwriters develop the cutting-edge structures of the day. Currently, we are one of the leading firms involved in the finance and securitisation of non-performing and re-performing mortgage loans, single family residential rental properties, buy-to-rent mortgage loans, triple net-lease commercial real estate, servicing advance receivables and excess servicing fee receivables, commercial mortgage-backed securities (CMBSs) as well as the resurgence of residential mortgage-backed securities (RMBSs). We are also known for auto loan securitisations, energy efficiency finance, equipment and lease securitisations and finance, whole company securitisations, student loan securitisations and trade receivables finance, among others. We have traditionally ranked in the top one or two law firms for US issuer and underwriter counsel, and remain a market leader; in Europe and the UK we are highly ranked by publications such as The Legal 500. Praised for our “deep bench that can cover issues in multiple jurisdictions” (The Legal 500), our leading North American, European and Asian teams frequently work together, leveraging our combined market knowledge globally. In Europe, we have an extensive network of experts in London, France, Germany, Spain, Luxembourg, Italy, the Netherlands and our Central and Eastern Europe (CEE) offices. For more information, visit us at dentons.com.

EuroABS has been the main UK and European data and documentation Securitisation Repository since July 2000. EuroABS has infrastructure in place to meet the regulated Securitisation Repository needs of UK and European issuers, required from 1st January 2019 under the Securitisation Regulation (EU) 2017/2402. EuroABS Consulting is the only UK regulatory compliance consultant used by the majority of UK issuers. Solutions initially developed under the Bank of England eligibility requirements since 2010 have now been adapted and are being used by our UK clients for Securitisation Regulation/STS compliance. Loan level data production consultancy, loan level data checking, loan level data versus investor report reconciliation and specialist STS and Bank of England regulatory liabilities waterfall model production are some of our key services.

The European AVM Alliance (EAA) is a European, non-profit making association of leading providers of Automated Valuation Models (AVMs) for the residential property market. Our mission is to promote AVM awareness and disseminate a greater understanding of the benefits that AVMs can deliver, to represent the interests of the AVM industry vis-a-vis the European institutions and other market influencers, and to establish consistently high quality standards for AVMs across jurisdictions and to certify compliance for these standards through the EAA AVM Label.
 

Malta is internationally recognised as a brand denoting excellence in financial services. It offers an attractive cost- and tax-efficient base for financial services operators looking for a European Union-compliant, yet flexible, domicile. FinanceMalta, a non-profit public-private initiative, was set up to promote Malta as an international Business & Financial Centre, both within, as well as outside Malta. It brings together, and harnesses, the resources of the industry and government, to ensure Malta maintains a modern and effective legal, regulatory and fiscal framework in which the financial services sector can continue to grow and prosper. The Board of Governors, together with the founding associations: The Malta Funds Industry Association, the College of Stockbrokers, the Malta Bankers Association, the Malta Insurance Association, the Association of Insurance Brokers, the Institute of Financial Services Practitioners, and the Malta Insurance Managers Association which is also affiliated; its members and staff are committed to promote Malta as a centre of excellence in financial services and international business.

GANADO Advocates is a leading commercial law firm with a particular focus on the corporate, financial services and maritime sectors, predominantly servicing international clients doing business in or out of Malta. The firm traces its roots back to the early 1900s, and is today one of Malta’s foremost law practices that is consistently ranked as a top-tier law firm across all its core sectors.  The firm has, over the past decades, contributed directly towards creating and enhancing Malta’s hard-won reputation as a reliable and effective international centre for financial and maritime services. GANADO Advocates is singled out for its depth and ability to provide legal advice on even the most complex debt and equity transactions and securitisation deals, having been at the forefront of the most innovative capital markets transactions in Malta and a driver for innovation in their regulation.  The firm has, in particular, been instrumental to the introduction of modern structured finance techniques to Malta, with a hand in drafting both the Securitisation Act and supporting legislation.

 

GLAS is a global, independent, conflict-free provider of Corporate Trustee and Loan Agency services. We provide a front office approach to typically back office services and have expertise in handling complex transactions proactively, with speed and flexibility whilst focusing on customer service. GLAS is solution-driven with extensive experience working alongside our clients as a Trustee or Agent on Structured Finance and Securitisation transactions. We are the Successor Trustee of choice on restructuring transactions where there is a need to change the Trustee or Agent. We are based in London, with offices in New York, New Jersey, Sydney and Singapore.

MPG is global asset management group that manages a range of regulated mutual funds that participate in alternative asset classes with over USD 500mm assets under management. At the core of MPG's proposition is its shrewd and rigorous approach to managing money. The Senior Management Team of MPG has over 100 years of collective experience in managing assets. This strength in depth has enabled MPG to deliver steady, incremental returns over the years, even though periods of global austerity.  MPG's performance during challenging times is the strongest possible endorsement of its unique investment approach. As a result, institutional and private investors around the world are increasingly turning to MPG to provide an alternative to traditional asset managers.

We have 34 professionals with 15 different nationalities working across our 4 offices, located in the United Kingdom, Switzerland, Malta and Spain. The multidisciplinary MPG team has developed significant expertise and rare experience of structuring ABS transactions where the sponsor retains a substantive equity interest and often when it is also under significant financial pressure or the subject of restructuring. Our professionals come from a wide variety of backgrounds, including banking, financial markets and FX trading, insurance broking and underwriting, accountancy, corporate finance advisory, wealth management, IT, finance law and treasury operations.

We will deliver completely independently derived financial solutions – we’re not driven by an agenda to promote any one product area or subject to an overbearing corporate strategy, nor are we dependent on certain client groups or service providers in any one particular jurisdiction.  At the same time, we are strongly positioned to meet structuring challenges relating to tax neutrality, investor / sponsor control and bankruptcy remoteness, not least because of our day-to-day experience of investing and trading in a panoply of diverse and esoteric asset classes, both through funds that we manage in accordance with a more conservative strategy for institutional investors and more aggressively managed proprietary investment vehicles.  As issuer and investor ourselves, we are able to empathise equally with the needs, requirements and expectations of both the asset and market side of a securitisation.

Morgan Lewis's structured transactions practice serves the financing needs of the world's most sophisticated businesses around the globe. Our lawyers represent a broad range of leading financial institutions, investment funds, and issuers in the financial services, automotive, education, government, real estate, telecommunications, and technology industries. Since 2002, our structured transactions practice has advised on more than 7,800 deals with a combined value of more than $4 trillion, representing key issuers and underwriters in designing and executing offering programs and one-of-a-kind transactions, many of which were important industry firsts. Our team serves clients from offices in key financial centers such as New York, Washington, DC, London, Shanghai, Singapore, and Dubai, giving our practice a truly global presence to meet our clients' needs.

We assist clients with the development of innovative liquidity vehicles and provide counsel on the acquisition and disposition of financial companies and assets. Underwriters and issuers turn to us to advise on a broad range of transactions—from public offerings of asset-backed securities (ABS) to collateralized debt obligations (CDOs) and whole loan purchases. We also counsel private equity firms on issues such as the acquisition of distressed mortgage loans and residential mortgage-backed securities (RMBS).

Our practice has been ranked Band 1 by Chambers USA since 2011 and ranked in Chambers UK in 2018.  We are recognized as "Law Firm of the Year" in Securitization and Structured Finance Law by US News & World Report – Best Lawyers, marking the fourth time in a five-year period that we have received this recognition.

In addition, we collaborate seamlessly across time zones and disciplines to offer in-depth insight into relevant corporate, tax, bankruptcy, and regulatory matters. We pride ourselves on our ability to tailor advice to meet the needs of clients in virtually any industry.

Areas of Service Asset-Backed Securities Mortgage-Backed Securities Mortgage Finance Collateralized Loan Obligations (CLOs), CDOs, and Structured Products Derivatives Acquisition Finance Distressed Assets Whole Loan Purchases and Sales
 

Ocorian has been at the forefront of providing services to securitisations and structure finance transactions since the early 1990s. Our highly experienced team includes qualified lawyers and accountants, and manage a large portfolio of ABS, MBS, CLO, CDO and CP conduits. We have a breadth of knowledge in providing a range of services to complex and innovative structures.  
 
Our capital markets expertise in London, Dublin, Luxembourg and Jersey along with our geographical footprint in 12 jurisdictions enables our partners to consolidate their service providers in to one conflict free, independent provider for Corporate Trust and Corporate Services solutions.

Rockstead is an independent asset, business and process review company. We provide a range of services, across all asset classes, to businesses involved in the residential, commercial and corporate loan sectors. Our clients are active in buying, selling or holding loan portfolios. Those clients include investment and retail banks, building societies, hedge funds, private equity companies, originators and servicers. We are celebrating our 10 year anniversary this year and are recognised as a leading provider of due diligence services throughout the UK and Europe.

Sidley has been at the forefront of the European securitisation market since the early 1990’s and since that time has been involved in a number of ground breaking securitisation products and structures in numerous European jurisdictions, including establishing domestic and pan-European CMBS platforms, asset-backed commercial paper and securities conduits, RMBS related products, whole business securitisations and covered bonds as well as a deep experience in advising arrangers, managers and investors on CLO and CDO transactions. Our securitisation lawyers in Europe and the U.S. have a deep and well established practice in all areas of securitisation, structured finance and derivatives, with market-leading experience of the full gamut of asset classes and structures. Our lawyers have particular experience in securitisations and secured financings involving corporate (mid-market and syndicated) loans, rental fleets, consumer assets such as personal loans, auto-loans and leases and credit cards, trade and other more specialised receivables and more recently in the rapidly growing market for financings of online marketplace and peer-to-peer lending and other fintech including structures utilising blockchain, distributed ledger technology and cryptocurrencies. We are also at the cutting edge of innovative asset classes such as solar energy, insurance products and IP securitisations.

TMF Group helps its clients operate internationally and ‘belong’ wherever they are in the world. We do this by making sure they are properly set up to do business in any country and compliant with local and international regulations.

Our work includes helping companies of all sizes with business services such as HR and payroll, accounting and tax, corporate secretarial, global governance and administration services for structured finance, private equity and real estate investments.

In today’s environment, increasing business complexity means that a one size approach doesn’t fit all - and the penalties for getting it wrong are getting heavier. Operating in over 80 jurisdictions we provide our 15,000 clients with on-the-ground compliance and administration services so they can venture further. We keep things running seamlessly, giving them the peace of mind to focus on the bigger picture.

Our people localise the global world to help businesses succeed, which in turn helps communities to prosper. We firmly believe that the only way to be truly ‘global’ is to put local first, which is what our team of 7,000 in-country experts do for businesses of all sizes, every day.

Get in touch to see what we can do for you.
 

U.S. Bank Global Corporate Trust Services Europe has built an impressive reputation for providing high quality asset administration, trustee and agency services for all types of structured transactions; providing flexible service solutions for collateral managers, issuers and investors. Our personalised, full array of services include: security and note trustee, registrar, paying agent, account bank, cash manager, collateral administrator, issuing and paying agent, custodian, calculation agent and a variety of back-up roles to support rated transactions. In addition bespoke investor reporting is available on our website at: https://usbtrustgateway.usbank.com/portal/login.do and for collateral managers, secure online access to cash balances, asset portfolio and liability information is available through our CLO Web Portal, Pivot. We have expertise across a wide variety of asset classes including Auto Loans/Leases, Residential and Commercial Mortgages, Equipment Loans/Leases, Trade Receivables, Credit Cards, Loan and Bond portfolios, to name a few. U.S. Bancorp’s balance sheet reflects $462 billion in assets and is currently ranked as the 5th largest commercial bank in the United States. To learn more about how you can leverage the experience and financial strength of U.S. Bank Global Corporate Trust Services please contact Tom Cubitt, Senior Vice President at +44 (0) 20 7330 2119 tom.cubitt@usbank.com or Michael Whelan, Senior Vice President at +44 (0) 20 7330 2199, Michael.Whelan@usbank.com http://www.usbank.com/corporatetrust.

Vistra Capital Markets offers a range of services to issuers, lenders and investors in key financial centres across the globe.
　
Our fiduciary solutions support capital market participants that include corporations, banks and financial institutions as well as private equity, real estate and alternative funds, for debt capital market issuances, bank credit facilities and a variety of structured finance options such as securitisation/CLOs and aircraft financing. We also cater to the management and administration of SPVs, escrows, corporate trusts and business trusts in key financial markets.
　
We have an international network spanning 10 global financial centres and service centres, supported by a team of 200 capital markets specialists. Over the past 5 years we have significantly grown market share and are now one of the largest, global independent service providers in this market.

We administer over USD 124 Billion assets for capital markets globally.

Arthur Cox is one of Ireland's largest law firms. We are an "all-island" law firm with offices in Dublin and Belfast. The firm also has offices in London, New York and Silicon Valley. Our practice encompasses all aspects of corporate and business law.

For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. From the outset, we have striven to deliver superior levels of service, building relationships that grow over time and developing specialist industry knowledge to help our clients achieve their goals.

Assured Guaranty works with banks, insurance companies, finance companies, asset managers and other organizations to develop capital management and structured finance solutions to meet their unique needs.  We enable efficient risk transfer in public or private transactions for financial institutions, and we provide cost-effective credit enhancement for consumer and commercial asset securitizations in both new issue and secondary markets,  improving the creditworthiness, marketability and market liquidity of such transactions. For more information, visit www.AssuredGuaranty.com

With 1,600 lawyers in 32 offices across North America, Europe, the Middle East and Asia, Bryan Cave Leighton Paisner LLP is a fully integrated global law firm that provides clients with connected legal advice, wherever and whenever they need it. The firm is known for its relationship-driven, collaborative culture, diverse legal experience and industry-shaping innovation and offers clients one of the most active M&A, real estate, financial services, litigation and corporate risk practices in the world.

Carey Olsen is a market leader in structured finance and securitisation in Jersey.

Clients of the Structured Finance and Securitisation team include issuers, trustees, companies and global investment banks who we advise on the full range of structured finance and securitisation transactions.

Clients value our experience in relation to structures involving a range of asset classes, including residential mortgages, consumer loans and credit cards.

The team has worked on numerous master trust structures and advised on whole business securitisations and securitisations involving specific business assets and unusual asset classes. The team has also worked all of the recent synthetic CLN structures involving Jersey issuer establishment for UK banks.

Clients also appreciate our responsiveness and swift turnaround times. We are accustomed to working with the structured finance and securitisation teams of major international law firms and we maintain a commitment to the highest standards of service that are expected.

The Commonwealth Bank is Australia’s leading financial institution. The Group is ranked by Standard & Poor’s as the 13th largest bank in the world by market capitalisation. The Commonwealth Bank is headquartered in Sydney, Australia and has a global presence throughout Asia, North America, the United Kingdom, and New Zealand. The Institutional Banking and Markets division provides capital raisings, risk management and transaction banking solutions to the Group’s institutional clients. The division’s approach is underpinned by rich analytics, insights from industry experts, innovative technology and a deep commitment to building long-lasting relationships.

Cortland Capital Market Services LLC (“Cortland”) is a member of the Alter Domus Group.

Cortland offers issuers and investors in credit and real estate assets a comprehensive suite of asset and portfolio solutions including fund administration, agency services, securitization services, and CLO Collateral Administration. 

Alter Domus is a fully integrated fund and corporate services provider, dedicated to international private equity & infrastructure houses, real estate firms, private debt managers, multinationals, capital markets issuers and private clients.

For more information on Alter Domus, please visit: www.alterdomus.com  or on Cortland: www.cortlandglobal.com

Dechert's securitization team handles large, complex securitization and structured finance transactions across the full range of asset classes and securitization structures: collateralized loan obligation transactions and in offerings of both traditional (such as auto, credit card and trade receivables) and esoteric asset-backed securities; CMBS, RMBS, Re-REMICs, NPLs and other alternate securitized structures involving commercial real estate and residential mortgages; acquisition, structuring, financing, sale and syndication or securitization of large complex loans; and the purchase, sale and financing of loan pools. Our U.S., UK and European team members work closely with our tax, securities, ERISA, environmental, real estate, regulatory and restructuring lawyers around the world to provide clients with full service on all aspects of their transactions.

Intex is the industry’s leading provider of cashflow models and analytics, with over 40,000 CLO, CMBS, RMBS and ABS deals modeled from around the globe.  Intex is relied upon by hundreds of arrangers, investors, issuers and others for complete, accurate and timely cashflow models used in trading, portfolio management and risk management applications.  Intex's applications include INTEXcalc for single-security and portfolio analysis and cashflow stress-testing, the INTEX Subroutine API for system builders, and INTEX DealMaker for structuring new deals.  Intex is an independent, objective and privately-held company with offices in Massachusetts, London and Shanghai.  Visit our website at www.intex.com.

Ogier's global structured finance teams are specialists in offshore legal advice in Asia, the Caribbean and Europe for a wide range of banks, issuers, underwriters,  trustees, managers, sponsors, corporate service providers and other financial institutions. We provide specialist legal advice on all aspects of traditional and cutting-edge finance structures, from securitisations to asset-backed lending, repackagings, structured products, CLOs (including risk retention structures) and other structured finance transactions.

Prytania Solutions (PSL) is an expert, independent provider of valuation and risk advisory services in the structured credit markets. We cover cash and synthetic ABS, CMBS, RMBS, CLOs, CDOs, and other bespoke asset classes.

Using proprietary algorithms, PSL produces thousands of evaluated prices across multiple asset classes, covering both the liquid and illiquid parts of the structured credit markets.

Our clients can have full access to the metrics behind their valuations and benefit from a very transparent price challenge protocol. Uniquely for a valuation provider, our principals have 100+ years of expertise in managing, trading and analysing structured credit. PSL provides its clients with “more than a price”.

PSL also carry out cashflow analytics / deal modelling. Our tools have been developed over many years and can apply stochastic as well as deterministic analyses at the loan level as well as the portfolio level. Ideal for deal structuring / origination and stress testing

SANNE is a leading global provider of alternative asset and corporate services.

Established for over 25 years and listed as a FTSE 250 company on the Main Market of the London Stock Exchange, SANNE employs more than 1,200 people worldwide and administers structures and funds that have in excess of £200 billion of assets.

As leaders in our field, we deliver tailored fiduciary services to a highly valued international client base through a global network of regulated businesses within 15 leading financial jurisdictions spread globally across the Americas, Europe, Africa and Asia-Pacific. We service clients through a number of specialist businesses which are led by directors with extensive asset class and market experience. They in turn are supported by multifunctional teams aligned to the specific requirements of each client, across one accredited platform.

We provide a fully integrated client services that includes administration, AIFMD depositary and AIFM management company services. We have dedicated expertise in capital markets, real estate, private equity, hedge, institutional, executive incentives, private client and investment treasury services.

Stibbe is a leading, internationally-oriented Benelux law firm that provides its clients with legal services covering all branches of commercial law. From our main offices in Amsterdam, Brussels and Luxembourg, together with our branch offices in Dubai, London and New York, we handle our clients’ complex local and cross-border legal challenges.

As a specialist firm, our lawyers work in multidisciplinary teams with the aim to deliver pragmatic advice. Our dedicated teams have become longstanding and trusted legal advisors to our clients from all corners of the world, which range from multinational and national companies and financial institutions to government organizations and other public authorities. We handle their transactions, disputes, and projects across a broad spectrum of sectors. Our understanding of our client’s commercial objectives, their position in the market, and their sector or industry allows us to always provide them with timely, effective, and appropriate advice.

In addition to our own international presence, we collaborate closely with other international top-tier firms for cross-border matters outside our home jurisdictions (Belgium, the Netherlands, and Luxembourg). These relations are non-exclusive and enable us to assemble a tailor-made, integrated team of lawyers with the best expertise and contacts for each specific matter. This guarantees efficient coordination on cross-border transactions throughout a multitude of legal areas, whatever their complexity and nature.

Stibbe has a leading securitisation and structured finance practice in the Benelux. We play key roles in many complex transactions, innovations and in the development of standards and regulation.

With market-leading practices in tax, finance, real estate and capital markets, we are well placed to handle all structured finance transactions. As a result, our team handles most asset classes and transaction types including investments in SPVs by domestic and foreign financial institutions, repo and reverse repo transactions, asset-backed commercial paper, tier one transactions, and domestic/cross-border leveraged leasing transactions involving various types of assets.

Regarding securitisation, we assist corporate borrowers and financial institutions, advising on the structuring and implementation of cash and synthetic securitisations, conduit and term transactions, various structured products (including CDOs) as well as whole business securitisation. We have experience with most asset classes including car loans, trade receivables, real estate (residential and commercial), commodities inventory, tax receivables and others.

Furthermore, our service includes complex litigation on structured products and hybrid instruments.

For more information, we refer to our http://www.stibbe.com/


 

Trepp, LLC, founded in 1979, is a leading provider of data, analytics, and technology solutions to the global securities and investment management industries. Trepp specifically serves three key sectors: structured finance, commercial real estate, and banking to help market participants meet their objectives for surveillance, credit risk management, and investment performance. Trusted by the industry for the accuracy of its proprietary data, Trepp provides clients sophisticated, comprehensive models and analytics. Trepp is wholly owned by Daily Mail and General Trust (DMGT).

Walkers is a pre-eminent financial services law firm.  We are an acknowledged leader in the ABS market.  Our Tier 1 team has substantial experience in the provision of legal, taxation and listing services across all types of ABS transactions. 

Walkers has a considerable global presence with 10 offices (Bermuda, the British Virgin Islands, the Cayman Islands, Dubai, Hong Kong, Guernsey, Ireland, Jersey, London and Singapore), 100 partners and 650+ staff providing a 24/7 service to its clients who are at the cutting edge of capital markets, investment funds and cross-border finance.

Walkers Professional Services provides corporate and fiduciary services to SPVs engaged in ABS transactions.  We have a large, growing and highly experienced team of accountants, compliance professionals and transaction managers who, together with Walkers, our law firm affiliate, provide an efficient and effective one-stop shop for our ABS clients.

GlobalCapital is a leading news, opinion and data service for people and institutions using and working in the international capital markets. It provides you with clearly-voiced, lively coverage of key markets based on the comments of those who work in them, together with a wealth of transaction data and archive material.  Whether you wish to pick up the pulse of your market, to research in detail an issuer, intermediary or asset class in a particular sector, or to check out how your institution is performing relative to its peers, our service is for you.

GlobalCapital descends directly from EuroWeek (“the voice of the markets”), which has been covering new issues in primary markets for 26 years.  Joining the platform are also several key capital markets publications from the Euromoney Institutional Investor Group: Asiamoney, Total Securitization and Derivatives Week.  GlobalCapital also sees the introduction of a brand new service on the internationalisation of the RMB.

The combination of these elements on state-of-the-art new web technology provides a device-neutral, flexible global news and data service where relevant related articles and data are a click away.

GlobalCapital.com delivers daily services dedicated to the following key market sectors: FIG/Bank Finance including Covered Bonds, Corporate Bonds, Syndicated Loans, Equity, Leveraged Finance, Sovereign and Supranational and Agency Bonds (SSA), SRI/Green Bonds, Global Emerging Markets, Securitization, Asia Pacific Markets, Derivatives, and Offshore RMB. The service comes with sector specific priced deals data sets, league tables, deal pipelines and people moves.

BarclayHedge is a leading independent, research based provider of information services to the alternative investment industry. Founded in 1985, no other firm has been in the alternative investment database business for as long as we have. Barclay began publishing fund data for CTAs and hedge funds in 1989 and currently maintains data on more than 33,500+ alternative investment vehicles. BarclayHedge provides access to its hedge fund, fund of funds, and managed futures databases to thousands of investors worldwide in Excel, Access, and formats compatible with most third party analysis packages. Barclay’s 17 hedge fund indices, 8 managed futures indices, and 7 UCITS indices are universally recognized as alternative investment performance benchmarks and are utilized by investment professionals around the globe.

Debtwire, an Acuris company, is the leading provider of expert news, data and analysis on global leveraged credit. Our end-to-end coverage goes behind the scenes from primary issuance to the first sign of stress through restructuring and beyond. With global breadth and local depth, Debtwire's award-winning editorial, research and legal analyst teams produce original content that helps subscribers make more informed decisions. Subscribers trust Debtwire - the pioneer in the market - for comprehensive coverage across geographies, companies and asset classes.

FocusEconomics is a leading provider of economic analysis and forecasts for 127 countries in Africa, Asia, Europe and the Americas, as well as price forecasts for 33 key commodities. The company is supported by an extensive global network of analysts.

Since its launch in 1999, FocusEconomics has established a solid reputation as a reliable source for timely and accurate business intelligence among Clients from a variety of industries, including the world's major financial institutions, multinational companies and government agencies.

The ICLG series provides current and practical comparative legal information on a range of practice areas.

Our comprehensive guides follow a question and answer format to ensure thorough coverage of each topic within different legal systems worldwide.

Each guide draws together the collective expertise of our contributors to provide a valuable and convenient resource, updated annually.

The ICLG series provides a practical insight for general counsel, government agencies and private practice lawyers keeping them abreast of law and policy globally.

Investing.com is a global financial portal and internet brand composed of 28 editions in 21 languages and mobile apps for Android and iOS that provide news, analysis, streaming quotes and charts, technical data and financial tools about the global financial markets. Each edition covers a broad variety of local and global financial vehicles including Stocks, Bonds, Commodities, Currencies, Interest Rates, Futures and Options. Founded in 2007, Investing.com has a growing readership worldwide and is now a leading global financial portal committed to constantly launching innovative features and sections to ensure an optimal one-stop source for its readers.

Capital Markets Intelligence publishes a comprehensive range of titles covering the international financial markets. Our publications provide our readers with incisive commentary and market driven analysis that is recognised as a primary source of research for leading investors and financiers worldwide.

Areas covered include: international capital markets, structured finance, securitisation, private banking, wealth management, leasing, asset finance, aircraft finance, debt capital markets, equity capital markets and insolvency.

Internationally acclaimed as the standard reference sources on their subjects, Capital Markets Intelligence provides an unrivalled source of information for global decision makers.