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sociedade supervisionada

English translation: supervised company

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Portuguese term or phrase:sociedade supervisionada
English translation:supervised company
Entered by: darrenthomps

16:21 Apr 28, 2012
Portuguese to English translations [PRO]
Bus/Financial - Accounting / Audit regulation
Portuguese term or phrase: sociedade supervisionada
Hi All,

I am translating audit regulations for an insurance provider in Brazil and would appreciate a second opinion with the above in the following context:

As demonstrações contábeis, inclusive as notas explicativas das sociedades supervisionadas devem ser auditadas por auditor independente

I have used subsidiary, but the text also uses "sociedades coligadas" and "sociedades controladas" - which I have translated as "affiliates" and "controlled companies" respectively, and wanted to double check that it would be appropriate to translate "sociedade supervisionada" as "subsidiary".

Many thanks in advance!

Darren
darrenthomps
Local time: 11:39
supervised company
Explanation:
It seems that in the insurance sector, there is "supervision" of insurance companies by regulatory bodies. I found more references to the situation in Europe than the situation in Brazil.

--------------------------------------------------
Note added at 2 hrs (2012-04-28 19:07:30 GMT)
--------------------------------------------------

The word "company" can be replaced by a more appropriate word if you think appropriate. "institutions" might fit the bill better.
Selected response from:

Martin Riordan
Brazil
Local time: 07:39
Grading comment
Thanks Martin!
3 KudoZ points were awarded for this answer



Summary of answers provided
4 +1supervised company
Martin Riordan
4supervised entity . . .
David Drysdale (X)


Discussion entries: 2





  

Answers


35 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
supervised entity . . .


Explanation:

Here's a possibility, and I'm not 100% sure:

supervised entity . . . (entity is pretty good "generic" and all encompassing word)

David Drysdale (X)
United States
Local time: 04:39
Native speaker of: Native in EnglishEnglish
PRO pts in category: 13
Login to enter a peer comment (or grade)

13 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
supervised company


Explanation:
It seems that in the insurance sector, there is "supervision" of insurance companies by regulatory bodies. I found more references to the situation in Europe than the situation in Brazil.

--------------------------------------------------
Note added at 2 hrs (2012-04-28 19:07:30 GMT)
--------------------------------------------------

The word "company" can be replaced by a more appropriate word if you think appropriate. "institutions" might fit the bill better.

Example sentence(s):
  • A necessidade de regulação e supervisão no sector financeiro é justificada, nomeadamente, pela existência de importantes assimetrias de informação entre os consumidores e os prestadores de serviços e pelo elevado grau de importância dos serviços

    Reference: http://www.isp.pt/winlib/cgi/winlibimg.exe?key=&doc=12310&im...
Martin Riordan
Brazil
Local time: 07:39
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 87
Grading comment
Thanks Martin!

Peer comments on this answer (and responses from the answerer)
agree  Marlene Curtis
1 hr
  -> Thanks, Marlene!
Login to enter a peer comment (or grade)



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