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Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

You are viewing the version of the document as on 2021-01-01.

ANNEX V SPECIAL PURPOSE VEHICLES ( SPVS ) ISSUING ASSET BACKED SECURITIES

  • — An entry which is marked with "*" refers to mandatory information or corresponding information where the issuer does not use International Financial Reporting Standards (IFRS). The issuer can use a different title to present substantially the same information as set out in the table, where this alternative title is used in its financial statements.
  • — An entry which is marked with "#" denotes that if this information appears elsewhere in the prospectus, it is mandatory.
  • — An entry which is marked with "~" in relation to closed end funds refers to investments at fair value through profit or loss at the same date as the date of the net asset value (NAV).

Table 1 Income statement for SPVs in relation to asset backed securities

Year

Year -1

*Net profit or loss

Table 2 Balance sheet for SPVs in relation to asset backed securities

Year

Year -1

*Total Assets

*Total Liabilities

*Financial Assets designated at fair value through profit or loss

*Derivative financial assets

*Non-financial assets if material to the entity's business

*Financial Liabilities designated at fair value through profit or loss

*Derivative financial liabilities