Securitization

Securitization at EY is building a better working world by providing more confidence to investors on financial information related to the financial assets  they invest in.

Our integrated and connected EY network allows us to always align the right team and to deliver Exceptional Client Service to all our clients from Luxembourg whatever the jurisdiction they are operating.

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Our Team

How EY can help

EY offers highly integrated securitisation services, which comprises professionals  providing assurance, advisory, risk management and strategy and transactions to  securitisation issuers, originators, sponsors, underwriters, investors and other market participants  in the structured finance and securitisation marketplace.

EY securitisation services are a key hub in the global EY network, where people and ideas come  together to develop thought leadership and insights for the benefit of clients.

Securitization schema

  • Audit and related services

    A highly customised audit approach is combined with deep  securitisation knowledge around accounting, reporting and key  industry issues. We emphasise robust project management to  facilitate timely finalisation within agreed deadlines:

    • High-quality regulatory and contractual assurance engagements
    • Limited reviews and agreed-upon services
    • Capital markets transaction support
    • Accounting advice
    • Tax compliance and declaration

     

  • Structured finance assurance - due diligence

    We help bring value to EY clients by:

    • Facilitating due diligence by performing agreed-upon procedures  (AuP) on underlying asset pools for data completeness and  integrity
    • Facilitating due diligence via AuPs on the financial tables within
    • offering circulars and prospectus for planned transactions
    • Carrying out operational compliance due diligence and reviews  on asset servicers to underpin ongoing investor reporting and  covenant testing
    • Bespoke offerings, such as ongoing covenant testing  and  investor reporting

     

  • Tax services

    • Assistance in Tax return form preparation
    • Assistance in respect of transfer pricing
    • Creation of an automated VAT procedure through EY internal tool
    • Impact assessment of new tax regulations and assistance for optimisation
    • Tax advice and assistance in connection with the business cycle of the company (From incorporation to liquidation)

     

    Visit the Tax services page

  • Strategy and Transactions

    Independent advisor to clients, providing the broad spectrum of strategy and transactions relating to securitization, including: 

    • Data preparation and presentation support
    • Arrangement of pre-securitisation warehouse lines
    • Coordination of lead bank request for proposal (RFP)
    • Rating agency information preparation, support and process management
    • Structural support and appropriate challenge to lead bank, to confirm structure appropriate for issuer needs
    • Independent market testing with investors
    • Review and input into road show presentations
    • Tax, accounting and regulatory advice
    • Preparation of tax opinions 

    Visit the Transaction Advisory services page

Our events archive

2023 February: Securitization market: Is the current economic environment leading to more growth and opportunities?

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2022 May: Verbriefung in Luxemburg - Update Markt and Regulatorik (DE)

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2022 February: Securitization: Regulatory and market updates: Main challenges for the Luxembourg market

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2021 February: Securitization in Luxembourg: Market and regulatory updates

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2020 February: Securitization in Luxembourg: Where do we stand? And next steps

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Additional resources

EY's Geostrategic Outlook 2024

EY's Geostrategic Outlook 2023

Impact of Digital Technologies on Asset Servicers