The structures used for both CBOs and CLOs are similar to traditional ABS structures. The issuing vehicle is usually a stand-alone, special purpose vehicle
Structural Overview
![The typical NGO or CSO](https://emadzikry.com/wp-content/uploads/2023/09/Theaccountabilitystructuresare_activitiesoperationsstaff.jpg)
The structures used for both CBOs and CLOs are similar to traditional ABS structures. The issuing vehicle is usually a stand-alone, special purpose vehicle