CTRL 3.1.13 General obligations — subsidiaries

If an authorised firm that is incorporated in the QFC has 1 or more subsidiaries, wherever incorporated, the firm’s governing body must ensure that the firm seeks to promote good governance in those subsidiaries.

Note For detailed obligations in relation to subsidiaries, see rule 3.3.18.


Derived from QFCRA RM/2020-4 (as from 1st July 2021)