Securitisation, a complex structured financing, has evolved as the funding and risk transfer method of choice over the past few years. It is promoted by the European Commission as one instrument of choice in the context of the Capital Market Union. Despite the general economic downturn, and decreased reputation of securitisation products, the Luxembourg securitisation market continues to grow steadily. In addition, Luxembourg securitisation vehicles are used in many structures in Asset Management, Private Equity or Real Estate in order to optimize the investors benefits.
In this type of structured financing, a pool of financial assets (such as receivables, loans, mortgages, or leases) is transferred to a "special purpose vehicle" (SPV) that then issues securities, backed solely by the assets transferred and the payments derived from those assets.
It is therefore critical for Luxembourg corporate services, domiciliation companies, asset managers, private bankers and other service providers to understand the complete value chain of the securitisation business and to appreciate the opportunities and challenges it offers in a European context.
1 June 2021 (ENG) - 9am-12pm
Price: 400.00 €
Language: English, also available in French
Number of participants: max. 20
By the end of this course, participants will be able to:
1. Introduction and basic principles of securitization in general
2. Securitisation in Luxembourg
Holger von Keutz is an audit partner with 18 years of experience in the assurance and assurance related services of PwC Luxembourg, Société coopérative. He is specialised in the audit of banks, securitisation structures and investment funds. Furthermore, he has developed strong expertise in IFRS, Lux GAAP and HGB accounting frameworks.
Within the area of internal and external trainings in relation with his specialisation, Holger has long experience and is strongly involved in the design and development of our learning solutions. In addition, he is lecturer at Trier University of Applied Sciences for auditing and consolidation for more than 13 years now.
PwC's Academy, Crystal Park Building, PwC Luxembourg
Tel: +352 49 48 48 4040