Death of QSPEs: US ABS to come on balance sheet

March 28, 2008 12:00 am

The US Financial Accounting Standards Board introduced qualifying special purpose entities after the Enron scandal to clean up off balance sheet accounting. But the FASB was never satisfied with the concept and now it is set to abolish them altogether. Chris Dammers finds out what this means for the securitisation market.

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Death of QSPEs: US ABS to come on balance sheet

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