...
- add object property isAffiliateOf
- add label: "is affiliate of"
- add skos:definition: "relates an independent party to another independent party such that one party directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control by the other party"
- add adaptedFrom: http://www.businessdictionary.com/definition/affiliate.html
- add editorialNote: "This definition will expand and become more precise in FIBO regulatory plugins that can more specifically define the relation in terms of the specific language and intent of the regulation, e.g. RegulationW."
- set property domain to be IndependentParty
- set property range to be IndependentParty
- set property characteristic to be symmetric
Resolution N - Remove certain restrictions in Stock Corporation (Discretionary)
Description: Remove certain restrictions in Stock Corporation
Rationale: There are several restrictions associated with a StockCorporation that are descriptive but may not be necessary. We want to reevaluate these restrictions. Our recommendation is to remove the below listed restrictions for this release. A subsequent release will refocus on ownership and control relations and may recommend new restrictions at that time.
Resolution:
A. In module CorporateControl
- for class StockCorporation:
- remove restriction hasControllingInterestParty min 0 VotingShareholder
- remove restriction hasMajorityControllingInterestParty min 0 OverFiftyPercentControllingInterestCompany
- remove restriction hasSignificantControllingInterestParty min 0 SignificantShareholdingCompany
- remove restriction isWhollyOwnedBy min 0 TotalControllingInterestCompany