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Most corporate failures or scandals have been because there was a governance failure in a subsidiary and therefore subsidiary governance should be seen as part of risk management by mitigating any risks associated with a subsidiary.
For groups that have overseas subsidiaries this is especially relevant to mitigate risks.
Many governance professionals we have spoken to struggle with where to start with a governance framework therefore we can help in them having a framework which meets their needs as one size does not fit all. We provide a range of services for UK entities and overseas organisations around the world, providing suitable subsidiary governance solutions for groups of any size.
We can establish what your group structure is and what it looks like by delving into your company records and creating a visual representation. This can also highlight if there are companies or branches that you are not aware of. We can also advise on subsidiary rationalisation with regards to making efficiencies.
3-way health check of UK and overseas subsidiaries which involves looking at a company’s statutory records, the in-country company trade register and the electronic records (database or excel) and highlighting gaps or discrepancies and then assist in fixing any issues.
To ensure that all subsidiaries remained in good standing we can prepare a calendar of all corporate governance filing requirements such as annual return filing deadlines and account filing deadlines.
We can prepare a framework that would include categorising each of your subsidiaries to establish how often the board of directors meet, who should be the directors, what the board’s roles and responsibilities are and the board’s governance requirements.
We can prepare a framework that would include categorising each of your subsidiaries to establish how often the board of directors meet, who should be the directors, what the board’s roles and responsibilities are and the board’s governance requirements.
We can help with rationalising the number of service providers you use and advise on the best way to manage third parties proving company secretariat support or advise on the best solution to manage the compliance obligation of your overseas entities.
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A country’s economic development and economic policy are all important factors in good governance.
A country’s economic development and economic policy are all important factors in good governance.
A country’s economic development and economic policy are all important factors in good governance.
A country’s economic development and economic policy are all important factors in good governance.
A country’s economic development and economic policy are all important factors in good governance.
A country’s economic development and economic policy are all important factors in good governance.
A country’s economic development and economic policy are all important factors in good governance.
A country’s economic development and economic policy are all important factors in good governance.
A country’s economic development and economic policy are all important factors in good governance.
A country’s economic development and economic policy are all important factors in good governance.
