FDM.Preface:4 - Parties, resources and several useful structures

A founder-group account, legal-entity account and portfolio-risk account can all be useful. They answer different questions. A common founder can matter to correlated exposures, governance or expected support; the relation alone does not identify another entity as the debtor or make its funds available.

Keep each grouping’s criterion and use explicit. Before summing balances, preserve the parties, dates, currencies, restrictions and any relation needed for the intended aggregate. A single organizational tree can be adequate for one report and inadequate for another question. SIE.5–6 supply unresolved identity and composition work.

The same discipline applies within a loan. The lender’s right, the borrower’s duty, a bank-account record, usable proceeds and equipment acquired with those proceeds are different subjects. Their relationships explain the financial service.