This white paper reviews the basic tenets of subsidiary maintenance and explores the key attributes of a properly functioning subsidiary compliance program. A well designed approach to subsidiary maintenance will deliver reliability of information, transparency and efficiency. It must do so without competing with strategic priorities for internal resources and budget. We identity potential areas for quick, practical improvement and lay out a more comprehensive framework for success that seeks the proper balance between cost and efficacy.
Verbatim is a thought leader in subsidiary compliance practices. We provide cost effective managed solutions to fulfill corporate housekeeping requirements for leading multinational clients. We serve as a single point of contact to reduce the complexity of subsidiary maintenance and give clients peace of mind that statutory requirements are timely and correctly completed. Our unique approach encourages communication across client stakeholders and facilitates collaboration in real time on subsidiary information, e-minute books, compliance calendars and much more.