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# System prepended metadata

title: 'MIP55c3-SP12: Commercial Risk and Legal Domain Work to Support SF-001 Expanded Mandate Related to RWAs'
tags: [Summaries]

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tags: Summaries
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# 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*