403-verklaring?

In the new interface of Reach one of the prominent visible search criteria is ‘403-verklaring’. Unfortunately this isn’t explained in the Reach database, at least I haven’t been able to find it. It has to do with responsibility: the subsidiary doesn’t have to deposit his own annual reports, the parent company does that in a consolidated report. This is covered by Article 403 of Book 2 of the Dutch Civil Code, hence the name.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s