Independence day for SPEs

Gallagher Polyn
01 May 2002

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

To the relief of many collateralised debt obligation (CDO) specialists, the US Financial Accounting Standards Board is expected to exempt CDOs from its new rules on special-purpose entities (SPEs) (Risk April 2002).

FASB planned to issue an exposure draft on the rule, Financial Accounting Standard 94 (FAS 94), last month, but it has been delayed and is now expected by the end of June.

Political pressure stemming from Enron’s ethically questionable use of SPEs has spurred FASB to seek

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]