Special Purpose Entities
This post was written by Philip Lane
SPEs have been much discussed in the context of the global financial crisis: the BIS has just released a comprehensive new report on this topic.
Tags: SPE
This entry was posted
on Tuesday, September 29th, 2009 at 9:09 am and is filed under Banking Crisis, Economic Performance.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
October 5th, 2009 at 2:39 pm
I think there is an opportunity for whichever country can come up with
(i) a robust set of standardised documentation for SPE’s, and
(ii) a legislative framework to support same, and
(iii) a special dispute express resolution procedure for same.
I believe that the EU is making moves towards standardisation which could make this an easier opportunity. Would I be correct in saying that English probably has primacy in SPE structures? Does anyone in banking or industry see an opportunity here?