Covenant Tracking

This page expands the covenant tracking focus within the Spc Structure framework for DRKB Capitals SPC.

Covenant Tracking

We use Covenant Tracking to keep assets, liabilities, and reporting ring-fenced inside the SPC mandate. Under QFC rules, SPCs may carry out Special Purpose Company Activities such as acquiring, holding, and disposing of assets, subject to their licence. SPCs must appoint and retain a Support Services Provider (SSP) that can provide registered-office and administrative support.

Show how Covenant Tracking supports ring-fencing and cell-level accountability.
Outline documentation and approvals tied to Covenant Tracking.
Explain how Covenant Tracking is monitored across the facility lifecycle.

Scope and application

Scope defines the structural boundaries created by Covenant Tracking and how they are evidenced.

Key requirements

Defined transaction purpose and permitted SPC activities only.
Governance roles including director, secretary, and SEF accountability.
SSP appointment for corporate and administrative services and registered office support.
Documented compliance, collateral controls, and reporting cadence.

Reporting expectations

Mandate reporting cadence, stakeholder access, and escalation protocols are confirmed in advance.

Next step

Request a mandate review and receive a tailored execution plan.

Start Mandate Intake