Global SIFI and Special Purpose Entity: Difference between pages

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imported>Doug Williamson
(New term added as per Michelle 21/5/13)
 
imported>Doug Williamson
(Update link.)
 
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(G-SIFI).
(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).


A Globally operating Systemically Important Financial Institution, failure of which would have global financial stability implications.


== See also ==
== See also ==
* [[Systemically Important Financial Institution]]
* [[Conduit]]
* [[Entity]]
* [[Securitisation]]
* [[SPAC]]
* [[Special purpose vehicle]]
* [[Sponsor]]
* [[SSPE]]
 
[[Category:Compliance_and_audit]]

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