02-28-2008, 05:57 PM
Dear,
Would it not be better if you give examples of SPEs in Pakistan that in your opinion need to be consolidated.
Of course you are right in saying that where control (by any means; even by law) exists, consolidation should be made. Still, there are many local regulations and legal decisions which have to be followed and any SPE should have to be judged under the provisions of local regulations and laws governing it specifically.
Apart from the subject matter of your post, you may be knowing that currently there was an issue that whether the funds floated by asset management companies should be consolidated. This issue remained a hot topic and eventually it has been decided (legally) that such consolidation will be purposeless and must not be made.
There are many logical reasons behind it which could be discussed at length.
Therefore, in my view, such entities should be discussed on individual basis.
Please let us know the entities in Pakistan which come to your mind so that we may also pay attention to the issue.
And yes, your observation regarding fewer technical discussion is correct and could only be resolved if qualified people spare some time for the forum.
Now you or I cannot make any one to do so. Only requests could be posted which we normally do.
Best regards,
KAMRAN.
Would it not be better if you give examples of SPEs in Pakistan that in your opinion need to be consolidated.
Of course you are right in saying that where control (by any means; even by law) exists, consolidation should be made. Still, there are many local regulations and legal decisions which have to be followed and any SPE should have to be judged under the provisions of local regulations and laws governing it specifically.
Apart from the subject matter of your post, you may be knowing that currently there was an issue that whether the funds floated by asset management companies should be consolidated. This issue remained a hot topic and eventually it has been decided (legally) that such consolidation will be purposeless and must not be made.
There are many logical reasons behind it which could be discussed at length.
Therefore, in my view, such entities should be discussed on individual basis.
Please let us know the entities in Pakistan which come to your mind so that we may also pay attention to the issue.
And yes, your observation regarding fewer technical discussion is correct and could only be resolved if qualified people spare some time for the forum.
Now you or I cannot make any one to do so. Only requests could be posted which we normally do.
Best regards,
KAMRAN.
