Who determines the counterparty of a mirror transaction?

In a mirror transaction, the counterparty is determined by the partner of the transaction. This type of transaction often involves two parties where one party replicates the transaction of the other. It is essential for both parties to be aware of each other's roles, as one party essentially mirrors the actions and terms of the other. The partner is responsible for establishing the conditions of the transaction, including the counterpart's identity.

While stakeholders such as the financial department, the supplier of goods, or the chief financial officer may have important roles in the overall management and assessment of transactions within a company's finance and controlling framework, they do not directly establish the counterparty in a mirror transaction. Their functions are more about managing the financial implications and ensuring compliance with regulations rather than being the party responsible for defining who the counterparty is.