French Regulators to Inspect Nissan’s European Subsidiary Over Supplier Payments
Authorities in France plan a review of Nissan’s European unit to assess compliance with supplier payment practices, according to an official letter.
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Terms & Concepts
Regulatory Inspection: An official review or audit by government or relevant authorities to ensure compliance with laws, regulations, or contractual obligations.
Subsidiary: A company controlled by another company, often referred to as the parent company.