Regulatory Alerts2025-06-30 | NCF-11Accounting Manual for Asset Securitization Companies
The Standards Committee of the Central Reserve Bank of El Salvador issued the Accounting Manual for Asset Securitization Companies to establish uniform technical accounting treatments and financial reporting standards. The regulation mandates that securitization companies maintain separate accounting records for each securitization fund and adhere to International Financial Reporting Standards for the preparation and presentation of financial statements. It further defines the chart of accounts structure, internal control requirements, and the procedures for submitting systems and monthly trial balances to the Superintendency of the Financial System.
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