For those who need to hear it3 Jan 2021 18:41
SYME and StormHarbour have now successfully completed the legal documentation, process definition and operating structure for its repeatable and scalable securitised investment product. The eligible Client Companies are ready to implement the inventory monetisation process and their financial advisory teams (including external auditors numbering among them two of the Big4[1] audit firms) have approved the structure and derecognition accounting treatment of the inventory monetisation transaction.