Nissan Auto Receivables 2012-B Owner Trust - FORM 10-K - EX-33.2 - MANAGEMENT?S ASSERTION ON COMPLIANCE WITH REGULATION AB (CITIBANK, N.A.) - June 28, 2013

Attached files

file filename
10-K - NAR 2012-B 10-K FOR FYE 03/31/13 - Nissan Auto Receivables 2012-B Owner Trustbodynar12b10k033113.htm
EX-3.2 - BYLAWS OF NARC II - Nissan Auto Receivables 2012-B Owner Trustnar12b10kex3_2.htm
EX-34.2 - REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (KPMG LLP) - Nissan Auto Receivables 2012-B Owner Trustnar12b10kex34_2.htm
EX-31.1 - CERTIFICATION OF SENIOR OFFICER IN CHARGE OF THE SERVICING FUNCTION OF THE SERVICER PURSUANT TO RULE 15D-14(D) - Nissan Auto Receivables 2012-B Owner Trustnar12b10kex31_1.htm
EX-33.1 - REPORT ON ASSESSMENT OF COMPLIANCE WITH APPLICABLE SERVICING CRITERIA FOR ASSET-BACKED SECURITIES OF NISSAN MOTOR ACCEPTANCE CORPORATION - Nissan Auto Receivables 2012-B Owner Trustnar12b10kex33_1.htm
EX-35.1 - SERVICER COMPLIANCE STATEMENT OF NISSAN MOTOR ACCEPTANCE CORPORATION - Nissan Auto Receivables 2012-B Owner Trustnar12b10kex35_1.htm
EX-34.1 - REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (ERNST & YOUNG LLP) - Nissan Auto Receivables 2012-B Owner Trustnar12b10kex34_1.htm
EX-99.1 - ANNUAL SERVICER?S CERTIFICATE PROVIDED BY NISSAN MOTOR ACCEPTANCE CORPORATION TO HOLDERS OF NOTES AND CERTIFICATES - Nissan Auto Receivables 2012-B Owner Trustnar12b10kex99_1.htm
EX-3.1 - AMENDED AND RESTATED CERTIFICATE OF INCORPORATION OF NARC II - Nissan Auto Receivables 2012-B Owner Trustnar12b10kex3_1.htm
Exhibit 33.2
 
Management’s Assertion on Compliance with Regulation AB
(Citibank, N.A.)
 

 
 
Management's Assertion of Compliance
 
 
Management of the Agency and Trust division of Citibank, N.A. (or “Company”) is responsible for assessing compliance with the servicing criteria set forth in Item 1122(d) of Regulation AB promulgated by the Securities and Exchange Commission.
 

 
Management has determined that the servicing criteria in Item 1122(d) of Regulation AB are applicable in regard to the servicing platform as of and for the period as follows:
 

 
Platform:  Publicly-issued (i.e., transaction-level reporting initially required under the Securities Exchange Act of 1934, as amended) automobile loan or lease-backed securities serviced by Nissan Motor Acceptance Corporation issued on or after January 1, 2006 for which the Company provides trustee and paying agent services (the “Platform”).
 

 
Applicable Servicing Criteria:  All servicing criteria set forth in Item 1122(d), to the extent required by Item 1122(d) servicing criteria in regards to the activities performed by the Company with respect to the Platform as to any transaction, except for the following criteria: 1122(d)(1)(i)-1122(d)(1)(iv), 1122(d)(2)(i), 1122(d)(2)(iii), 1122(d)(2)(v)-1122(d)(2)(vii), 1122(d)(3)(i) and 1122(d)(4)(i)-1122(d)(4)(xv), which management has determined are not applicable to the activities the Company performs with respect to the Platform (the “Applicable Servicing Criteria”).  With respect to the Platform, servicing criterion 1122(d)(3)(ii) is applicable only as it relates to remittances.
 
Period:  Twelve months ended March 31, 2013 (the “Period”).
 

 
With respect to the Platform as of and for the Period, the Company’s management provides the following assertion of compliance with respect to the Applicable Servicing Criteria:
 
·  
The Company’s management is responsible for assessing the Company’s compliance with the Applicable Servicing Criteria.
 
·  
The Company’s management has assessed the Company’s compliance with the Applicable Servicing Criteria.  In making this assessment, management used the criteria set forth by the Securities and Exchange Commission in paragraph (d) of Item 1122 of Regulation AB.
 
·  
Based on such assessment, the Company has complied, in all material respects, with the Applicable Servicing Criteria.
 
KPMG LLP, an independent registered public accounting firm, has issued an attestation report with respect to management’s assertion of compliance with the Applicable Servicing Criteria as of and for the Period.
 
                     CITIBANK, N.A.
 

 
                     By: /s/ Karen Montbach                                                      
 
                     Its: Managing Director
 
Dated: May 24, 2013