PFRS 12 Part 2 Disclosures of Interest in Other Entities

Question 1

What is structured entity?

Answer 1

It is an “entity that has been designed so that voting or similar rights are not the dominant factor in deciding who controls the entity, such as when any voting rights relate to administrative tasks only and the relevant activities are directed by means of contractual agreements.

Question 2

What is structured entity?

It is an “— that has been —- so that — or similar — are not the — — in — who — the entity, such as when any — — relate to — tasks only and the relevant activities are directed by means of — —.

Answer 2

It is an “entity that has been designed so that voting or similar rights are not the dominant factor in deciding who controls the entity, such as when any voting rights relate to administrative tasks only and the relevant activities are directed by means of contractual agreements.

Question 3

It is an “entity that has been designed so that voting or similar rights are not the dominant factor in deciding who controls the entity, such as when any voting rights relate to administrative tasks only and the relevant activities are directed by means of contractual agreements.

Answer 3

Structured entity

Question 4

What are the three (3) examples of structured entities?

Answer 4

1) Securitization vehicles
2) Asset-backed financings
3) Some investment funds

Question 5

What are the three (3) examples of structured entities?

1) — vehicles
2) Asset-backed —
3) Some — —

Answer 5

1) Securitization vehicles
2) Asset-backed financings
3) Some investment funds