The Use Of Jersey Special Purpose Vehicles In Structured Finance Transactions

As a politically stable jurisdiction in the same time zone as London, Jersey is a leading jurisdiction in which to incorporate a special purpose vehicle (a "Jersey SPV") for use in structured finance transactions. This briefing sets out some of most commonly cited benefits of using Jersey SPVs in structured finance transactions.

Introduction

A variety of legal vehicles are available for use as a Jersey SPV, including cell companies, various forms of partnership and trusts. On the basis that Jersey SPVs most commonly take the form of a Jersey-incorporated company, the remaining references to "Jersey SPV" in this briefing should be read as referring to a Jersey-incorporated company.