Redenomination risk and Special Purpose Entity: Difference between pages

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imported>Doug Williamson
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The risk of losses from government actions to replace one currency with another - less valuable - one.
(SPE).  


A legal entity established to facilitate restricted transactions or purposes for a particular sponsor or sponsors, often characterised by severely limited independence of decision making and a relatively small capital base.


The value of central government bonds and other assets would fall.  
 
An SPE used for a securitisation is known as a securitisation special purpose entity (SSPE).




== See also ==
== See also ==
* [[Currency]]
* [[Conduit]]
* [[Currency risk]]
* [[Securitisation]]
* [[Special purpose vehicle]]
* [[Sponsor]]
* [[SSPE]]


[[Category:Identify_and_assess_risks]]
[[Category:Compliance_and_audit]]

Revision as of 15:36, 31 October 2016

(SPE).

A legal entity established to facilitate restricted transactions or purposes for a particular sponsor or sponsors, often characterised by severely limited independence of decision making and a relatively small capital base.


An SPE used for a securitisation is known as a securitisation special purpose entity (SSPE).


See also