...Latitude New Zealand Credit Card Master Trust ¡ Series 2026-1 The representations, warranties, and enforcement (RW&E) mechanisms contained in the transaction's offering documents that are available to investors for Latitude New Zealand Credit Card Master Trust ¡ Series 2026-1 are substantially comparable with those typically contained in New Zealand ABS transactions, as described in Fitch Ratings' research, Representations, Warranties and Enforcement Mechanisms in Global Structured Finance, dated 12 September 2024. The transaction's offering documents do not include the following RW&Es that Fitch considers typical for New Zealand ABS transactions: 1. Interest rate: The receivable bears a fixed interest rate or fixed instalment payments. 2. Obligor not insolvent: as far as the seller is aware, the relevant obligor is not insolvent. 3. Further advance: The seller is not obliged to make any further advance under each receivable. 4. Insurance: The obligor must keep the underlying asset insured...
