controlling company | dominant enterprise

monitor studies

control the ball

to allow the Community judge to exercise his right of review

allow for monitoring and control

holding company [ management company ]

non-controlling shareholder

Range of process issues relating to consumer assurance schemes identified by the European Economic and Social Committee:a) Scheme Governance Where does ultimate control of the scheme lie?b) Scheme Goals Are the goals clearly defined?c) Scheme scope Does the scheme address the "problem" as normally defined?d) Scheme standards or terms Do the standards set and monitored by the scheme express the goals? e) Impact assessment Is there credible assessment of the impact of the scheme on the goals?f) Independent review Is there any independent review of the scheme's operation?g) Cost-benefit analysis Is there any process to monitor and evaluate ...[+++]the costs of the scheme borne by suppliers, traders and consumers in comparison to the progress made to achieve the goals?h) Public claims Do the public claims by certified companies or suppliers match the goals, standards and outcomes of the scheme?

A subsidiary, joint venture or associate may issue to parties other than the parent or investors with joint control of, or significant influence over, the investee potential ordinary shares that are convertible into either ordinary shares of the subsidiary, joint venture or associate, or ordinary shares of the parent or investors with joint control of, or significant influence (the reporting entity) over, the investee.

The exercise of group supervision in accordance with Article 213 shall not imply that the supervisory authorities are required to play a supervisory role in relation to the third-country insurance undertaking, the third-country reinsurance undertaking, the insurance holding company, the mixed financial holding company or the mixed-activity insurance holding company taken individually, without prejudice to Article 257 as far as insurance holding companies or mixed financial holding companies are concerned’.

The exercise of group supervision in accordance with Article 213 shall not imply that the supervisory authorities are required to play a supervisory role in relation to the third-country insurance undertaking, the third-country reinsurance undertaking, the insurance holding company, the mixed financial holding company or the mixed-activity insurance holding company taken individually, without prejudice to Article 257 as far as insurance holding companies or mixed financial holding companies are concerned’.