A FTSE100 Group Company Secretary writes...
A number of companies will have policies for the management/governance of their subsidiary entities. The policy would normally set out guidance on who can authorise the incorporation, minimum standards around governance of the entity, and who can authorise the appointment of directors to the entity.
Does anyone have a Subsidiary Governance Policy that they are willing to share?
(NB: I am happy to act as ‘post-box’ for anonymised documents. Send copies to me at: DM@equitycomms.com David Mensley)