Define "separate organization" in Independence Requirements
Opportunity to better define what is truly considered a "separate organization" within this statement - "The External Assessor used for a validated assessment must be a separate organization from the Assessed Entity." (e.g., alternative language: "separate legal entity").
Example, if a PE firm holds a stake in an assessor firm and an assessed entity, under the org structure could the assessor perform the assessment given they are a separate and distinct entity, but are owned by the same investment complex?
(3.3. Independence Requirements, 3.3.1, Page 7)
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Heidi Bui
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