Financial Vehicle Corporation

Financial Vehicle Corporation (or FVC) is an entity whose principal activity meets both of the following criteria:


 * It carries out securitisation transactions and is insulated from the risk of bankruptcy or any other default of the originator.
 * It issues securities, securitisation fund units, other debt instruments and/or financial derivatives and/or legally or economically own assets underlying the issue of securities, securitisation fund units, other debt instruments and/or financial derivatives that are offered for sale to the public or sold on the basis of private placements.