...Red & Black Auto Italy 4 S.r.l. The representations, warranties, and enforcement (RW&E) mechanisms contained in the transaction's offering documents that are available to investors for Red & Black Auto Italy 4 S.r.l. are substantially comparable to those typically contained in EMEA Auto ABS, as described in Fitch Ratings' research Representations, Warranties and Enforcement Mechanisms in Global Structured Finance Transactions, dated 12 September 2024. For this transaction, representation and warranties are provided by the originator, Fiditalia S.p.A. The RW&Es that are available to investors which were disclosed in the transaction's offering documents for Red & Black Auto Italy 4 S.r.l. and that relate to the underlying asset pool are included below. (a) (Compliance with credit policies) All Loan Agreements from which the Receivables comprised in the Portfolio arise have been granted and disbursed by the Originator in accordance with the credit policies from time to time applied by it....
