Control and Special Purpose Entity: Difference between pages

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1.
(SPE).  


An internal control.
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.




2.
An SPE used for a securitisation is known as a securitisation special purpose entity (SSPE).


Orderly and systematic conditions in an organisation, resulting from strong governance and applying suitable systems and processes.


== See also ==
* [[Conduit]]
* [[Entity]]
* [[Securitisation]]
* [[SPAC]]
* [[Special purpose vehicle]]
* [[Sponsor]]
* [[SSPE]]


3.
[[Category:Compliance_and_audit]]
 
Power or ability to direct significant decisions or events.
 
For example, effective control over a company would normally be a consequence of a sufficiently large direct majority shareholding, but may also result from other structures and arrangements.
 
 
==See also==
* [[Change of control clause]]
* [[Financial controller]]
* [[Governance]]
* [[Internal control]]
* [[Repatriated]]
* [[Share]]
* [[Treasury Operations and Controls]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Latest revision as of 15:17, 19 August 2021

(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

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