--- tags: Summaries --- # MIP55c3-SP12: Commercial Risk and Legal Domain Work to Support SF-001 Expanded Mandate Related to RWAs This is a summary of the contents of this subproposal and its impact, from GovAlpha's perspective: - This is a valid subproposal to add a SPF, as defined in [MIP55: Special Purpose Fund](https://mips.makerdao.com/mips/details/MIP55). - This SPF requests a 209,000 DAI to support SF-001’s expanded mandate after it being [modified](https://forum.makerdao.com/t/mip39c2-sp36-modifying-strategic-finance-core-unit-mandate-sf-001/17750) as part of the ratification of the Endgame Prelaunch MIP set. - The fundings will be used to onboard finance and legal counsel to: - perform commercial and legal risk analysis on greenlit RWAs - monitor RWA vaults and develop reporting - help structure the relationship between Maker Core, future ProtectorDAOs, and the Arrangers, throughout the implementation of the Endgame plan. - The "structured finance consultant and legal counsel" who will carry on the risk and legal assesment are not specified. - The funds are intended to be used from mid Q4 2022 through Q1 2023. - If this subproposal is ratified, 209,000 DAI will be transferred to the specified [MIP47-compliant](https://mips.makerdao.com/mips/details/MIP47) multisig wallet through the earliest executive vote. - This proposal has been assigned `High-Impact` based on the methodology listed [here](https://forum.makerdao.com/t/introducing-impact-estimations/14267). ***Disclaimer: These summaries are intended to be a guide and not a source of truth. You remain responsible for any actions you take on the grounds of this information. Please note the date when the summary was last updated to judge accuracy.*** *Updated 2022-12-16*