Regulation AB II: CEO Certificate

This legal template, titled "Regulation AB II: CEO Certificate under USA Law," pertains to compliance obligations placed upon Chief Executive Officers (CEOs) within the United States, specifically in accordance with Regulation AB II. This regulation imposes certain reporting and certification requirements for entities involved in the issuance of asset-backed securities (ABS).

The template likely encompasses a detailed framework and guidelines for CEOs to create, sign, and submit a certificate affirming the accuracy, completeness, and compliance of the information disclosed in their company's asset-backed securities registration statement. The certificate purposefully ensures that key stakeholders, such as investors, regulators, and market participants, can have confidence in the accuracy and credibility of the disclosed information.

Within this template, various sections are likely included to address specific certification elements, such as the CEO's responsibility to verify the accuracy of all disclosed information and the sufficiency of internal controls for maintaining accurate records. It may also incorporate language related to the authenticity of transaction data, representations and warranties, adherence to applicable regulations, absence of certain prohibited practices, and compliance with disclosure requirements.

This CEO Certificate template is designed to assist companies and their CEOs in fulfilling their legal obligations under Regulation AB II. By utilizing this template, CEOs can ensure that their companies adhere to the prescribed certification process, providing transparency and confidence in the asset-backed securities being offered to the market.