Our administrative services teams help clients involved in capital markets transactions with European Union (EU) regulatory reporting (EMIR/ESMA), US tax compliance (PFIC), as well as global portfolio administration on leveraged and securitised financings and investment funds across asset classes.
Our administrative services clients include banks, asset managers, corporates and SPVsWe offer fully outsourced solutions to the burden imposed on the issuers of securitised bonds by the EU’s ESMA and EMIR regulations. Our PFIC team enables clients with US investors to comply with US tax requirements concerning international US taxpayers.
In addition, we provide global administrative services to asset portfolios, whether as part of a securitised issue or otherwise as part of a leveraged financing.
We provide clients with portfolio administration services on leveraged and securitised financings. This aspect of our service offering draws on the group’s substantial expertise providing securitised issuer vehicles, as well as our various data driven services.
Our offering includes verification agency, reporting agency and portfolio administrator services, across our global footprint. Functionally, we can assist with all aspects of the portfolio lifecycle, including collection, substitution, monitoring and enforcement actions. Our partners and clients include portfolio managers, servicers, trustees and banks. We have experience across asset classes and portfolio structures.
The Passive Foreign Investment Company (PFIC) regulations impose an obligation on US taxpayers to report taxable income from sources domiciled outside the US.
As a result, US persons owning shares of a foreign corporation and meeting the PFIC criteria will need to comply with specific reporting requirements for their annual tax filing in the US.
Safeguard Wealth Advisors works with a full range of clients in connection with PFIC statements. We are the largest PFIC provider in Continental Europe, with particular expertise reporting on structured finance products, such as CLOs, RMBS and CMBS.