Hi all,
I am not sure what is the concept the Q is trying to exam. (SPV ?)
What is the definition of “Variable Interest Entity”? Any reference?
thanks!
Hi all,
I am not sure what is the concept the Q is trying to exam. (SPV ?)
What is the definition of “Variable Interest Entity”? Any reference?
thanks!
VIEs and SPVs are essentially the same thing: a new company (subsidiary) created for a specific purpose (such as purchasing receivables).
Check intercorporate investments