The Board of a regulated subsidiary has always been a tricky place to be. Directors need to balance group demands with local legal and regulatory requirements and requests, and often through the lens of a complex matrix where accountabilities are less than clear.
The COVID-19 crisis is likely to be putting your subsidiary governance to the test. The critical implications of the crisis will differ amongst companies in the same group and each should have a tailored plan to deal with the crisis. This checklist is designed to help you work through the necessary steps.
To find out how we can help with the governance of your Regulated Subsidiary Board, please get in touch.