E
Elroy
Member
I'm a bit confused.
My reading is that issued subordinated sebt need not be be included as a liability for demonstrating solvency...
But can subordinated debt bought from another issuer be included as an asset?
If so it sounds a bit like fraud.
My reading is that issued subordinated sebt need not be be included as a liability for demonstrating solvency...
But can subordinated debt bought from another issuer be included as an asset?
If so it sounds a bit like fraud.