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To: RESOLUTION FOR USE BY AFFILIATED COMPANY United Overseas Bank Limited (U B”) / Far Eastern Bank Limited (Each the Bank and together the Banks) CERTIFIED COPY OF RESOLUTION FOR USE OF UOB BUSINESS
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An affiliated company is a company that is related to another company, typically through common ownership or control.
The requirement to file affiliated company varies depending on the jurisdiction and specific regulations. Generally, companies that have a relationship with another company, such as a parent company and its subsidiaries, may be required to disclose their affiliation.
The process of filling out affiliated company information will depend on the specific requirements of the jurisdiction. Typically, it involves providing details about the relationship between the companies, such as ownership percentages, control mechanisms, and financial information.
The purpose of reporting affiliated company is to provide transparency and disclosure about the relationships between companies, particularly when there are shared ownership or control interests. It helps regulators and stakeholders understand the potential impacts of these relationships on the financial and operational aspects of the companies involved.
The specific information that must be reported on affiliated companies may vary by jurisdiction and regulations. However, typical requirements may include details about ownership structures, control mechanisms, financial transactions, related party transactions, and any other relevant information that demonstrates the relationship between the companies.
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